M+Online: KLCI +26.74 pts (+1.61%) @1,689.25 pts. Following the sharp gains in crude oil prices, coupled with the stronger Ringgit against the USD, the FBM KLCI advanced for the third straight day. Both the broader market and the lower liners closed positive; FBM Small Cap added 2.4% being the biggest winner among the other sub-indices. On the FBM KLCI, there are 23 advancers, 4 decliners and 3 traded unchanged. WTI Crude oil price stood at US$49.52.

Volume: 2.69 bln (3-month avg vol: 1.86 bln) & Value: 3.21 bln ⬆:699, ⬇:223    
FCPO-RM54@RM2,318/DowFut+109

Active stocks:    
KNM+8.0sen@RM0.555, AIRASIA+7.0sen@RM1.32, SUMATEC+2.0sen@RM0.17, ARMADA+9.5sen@RM1.04

Potential stocks:

GHLSYS+9.0sen@RM1.12, price gapped up and experienced a breakout above the RM1.05 consolidation level with high volumes. The MACD Histogram has extended another green bar, but the RSI is overbought.

FGV +8.0sen@RM1.60, price experienced a breakout above the RM1.56 level with improved volumes. The MACD Histogram has turned green, while the RSI is approaching the 50 level.

PERISAI +4.5sen@RM0.385, price closed above the EMA60 level, after finding some support along the EMA20 level with high volumes. The MACD Histogram has extended another green bar, but the RSI is slightly overbought.

Source: Bloomberg, M+ Online

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