M+ Online Market Wrap – 17 Nov 15: KLCI +5.53 pts (+0.33%) @1,661.53 pts. Following the selective institutional support amongst banking and telco heavyweights, the FBM KLCI managed to snap its fourth straight session of losses. Concurrently, the lower liners and other sub-indices on the broader market also ended in the positive territory. On the FBM KLCI, there are 21 advancers, 7 decliners and 2 traded unchanged. WTI Crude oil price stood at US$41.78.

Volume: 2.18 bln (3-month avg vol: 2.13 bln) & Value: 1.69 bln :arrow_up::533, ::arrow_down:379 
FCPO -RM6@RM2,294
Dow Fut +71

Active stocks: 
HIBISCS -2.0sen@RM0.245, INSTACO +0.5sen@RM0.23, IDMENSN +0.5sen@RM0.11, TMS +1.0sen@RM0.105

Potential stocks:

PPHB +7.0sen@RM1.08, price is well supported above the EMA9 level with improvement in volumes. The MACD Histogram has extended another green bar. Trailing stop loss is located around the EMA 9 level. 

ARANK +3.5sen@RM0.595, price closed above the EMA 9 level with high volumes. The MACD Histogram has turned green. 

SENDAI +3.5sen@RM0.87, price gapped up to close above the EMA 9 level with higher volumes. The MACD Histogram has extended another green bar, while the RSI hovers above 50 level. 

Source: Bloomberg, M+ Online

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