M+ Online Market Wrap – 12 Nov 15: KLCI -2.12 pts (-0.13%) @1,663.20 pts. The FBM KLCI extended its losses as the key index was traded in the negative territory for the entire trading session. The lower liners, however, bucked the negative trend – FBM Small Cap (+0.4%), FBM Fledging (+0.7%) and FBM Ace (+0.8%), all closed higher amidst the mixed broader market. On the FBM KLCI, there are 11 advancers, 16 decliners and 3 traded unchanged. WTI Crude oil price stood at US$43.01.

Volume: 2.14 bln (3-month avg vol: 2.12 bln) & Value: 1.85 bln ⬆:476, ⬇:409    
FCPO +RM7@RM2,337
Dow Futures +5

Active stocks:    
INSTACO +2.0sen@RM0.225, HIBISCS +1.0sen@RM0.315, INIX -1.0sen@RM0.11, HUBLINE +0.5sen@RM0.02

Potential stocks:

TALIWRK +8.0sen@RM1.48, price formed a bullish engulfing candle, after being supported above the EMA60 level with high volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

3A +3.0sen@RM1.15, price formed a flag-formation breakout above the RM1.14 level with improved volumes. The MACD Histogram has turned green, but the RSI is slightly overbought.

GOB +1.5sen@RM0.625, price formed a breakout-pullback-continuation above the EMA20 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 50 level.

Source: Bloomberg, M+ Online

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