M+Online Market Wrap – 27 Oct 15: KLCI -9.84 pts (-0.58%) @1,696.95 pts. Tracking the losses in regional markets, the FBM KLCI registered its second straight session of losses owing to the decline in banking and telco heavyweights. At the same time, the broader market and lower liners also fell into the negative territory, with the exception of Mining sector which rose 0.8%. On the FBM KLCI, there are 5 advancers, 20 decliners and 5 traded unchanged. WTI Crude oil price stood at US$43.65.

Volume: 1.89 bln (3-month avg vol: 2.01 bln) & Value: 1.88 bln; up 269, down 588
FCPO +RM37@RM2,316
Dow Futures -14

Active stocks:
RGB@RM0.165, ESCERAM +14.0sen@RM0.55, CAP -1.0sen@RM0.10, IDMENSN +0.5sen@RM0.12

Potential stocks:

SOLID +6.0sen@RM1.85, price broke above the RM1.83 level with high volumes. The MACD Histogram has turned green.

TEKSENG +2.0sen@RM0.575, price continued to close above the EMA 9 level with high volumes. The MACD Histogram has turned green. The RSI however indicates an overbought level.

PRESBHD +8.0sen@RM2.40, price is well supported above the EMA 9 level with surge in volumes. The MACD Histogram has extended another green bar.

Source: Bloomberg, M+ Online

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