M+Online Market Wrap – 13 Oct 15: KLCI +1.28 pts (+0.07%) @1,711.14 pts. The FBM KLCI extended its gains for the seventh consecutive time amid the meagre gains over the last three trading sessions. Meanwhile, lower liners like FBM Ace and FBM Fledging also ended in the positive territory, while some of the other sub-indices gainers were Technology and Consumer Products, which rose 1.1% and 0.4%, respectively. On the FBM KLCI, there are 14 advancers, 12 decliners and 24 traded unchanged. WTI Crude oil price stood at US$46.87.

Volume: 2.47 bln (3-month avg vol: 1.89 bln) & Value: 2.46 bln up 433,  down 414
FCPO +RM66@RM2,323 Dow Futures -85

Active stocks:
FRONTKN +2.5sen@RM0.215, IRIS +1.5sen@RM0.26, PRIVA +3.0sen@RM0.29, AIRASIA +3.0sen@RM1.45

Potential stocks:

CENSOF +2.0sen@RM0.30, price experienced a breakout above the RM0.29 level. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 50 level.

KHEESAN +4.0sen@RM0.74, price broke above the RM0.70 level with slight improvement in volumes. The MACD Histogram has extended another green bar, but the RSI is overbought.

MITRA +5.0sen@RM1.22, price remains well supported above the EMA9 level with high volumes. The MACD Histogram has extended another green bar. Trailing stop loss is located around the EMA 9 level or RM1.12

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.