M+ Online Market Wrap – 4 Nov 15: KLCI +8.06 pts (+0.48%) @1,685.62 pts. Owing to the gains in O&G and financial heavyweights, the FBM KLCI extended its gains for the second consecutive session. Meanwhile, the lower liners and broader market also ended in the positive territory with the exception of Mining sub-index (-2.3%). On the FBM KLCI, there are 19 advancers, 5 decliners and 6 traded unchanged. WTI Crude oil price stood at US$47.84.
Volume: 2.67 bln (3-month avg vol: 2.18 bln) & Value: 2.47 bln; up 558, down 333
FCPO + RM52@RM2,362
Dow Futures +28
Active stocks:
HIBISCS +2.5sen@RM0.365, IDMENSN -1.0sen@RM0.11, TMS +0.5sen@RM0.105, KNM +0.5sen@RM0.53
Potential stocks:
RUBEREX +3.5sen@RM0.82, price continues to close above the EMA 9 level with surge in volumes. The MACD Histogram has extended another green bar.
YSPSAH +10.0sen@RM2.67, price broke above its RM2.65 resistance level with surge in volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level.
LEESK +1.5sen@RM0.32, price surged above the EMA 9 level with improvement in volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level.
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.