M+Online Market Wrap – 2 Nov 15: KLCI -1.64 pts (-0.10%) @1,664.07 pts. The FBM KLCI started off the week on a weaker note as the key index extended its losses streak for the sixth consecutive time. The lower liners, however, managed to buck the trend, while Construction and Trading/Services ended 0.4% and 0.1%, higher, respesctively . On the FBM KLCI, there are 10 advancers, 16 decliners and 4 traded unchanged. WTI Crude oil price stood at US$46.19.

Volume: 2.61 bln (3-month avg vol: 2.03 bln) & Value: 1.97 bln; up 455, down 412
FCPO -RM35@RM2,328
Dow Futures +24

Active stocks:
XOX -2.5sen@RM0.285, IDMENSN@RM0.115, TRIVE -1.0sen@RM0.06, RGB +0.5sen@RM0.185

Potential stocks:

MRCB +6.0sen@RM1.33, price continued to close above the EMA 9 level with higher volumes. The MACD Line has given a “Buy” signal.

TEOSENG +13.0sen@RM1.68, price closed above the EMA 9 level with high volumes. The MACD Histogram has turned green bar, while the RSI crossed above the 50 level.

YOCB +8.0sen@RM1.02, price broke above the RM1.00 psychology level with high volumes. The MACD Histogram has extended another green bar.

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.