M+ Online Market Wrap – 24 Nov 15: KLCI +6.13 pts (+0.37%) @1,677.03 pts. The FBM KLCI continues to trend higher, but came off from its intraday high of 1,686.69 pts. Still, the key index advanced for the fourth consecutive session. The lower liners, however, experienced some mild profit taking – FBM Small Cap (-0.2%), FBM Fledging (-0.6%) and FBM Ace (-0.1%), while the broader market ended mixed. On the FBM KLCI, there are 20 advancers, 6 decliners and 4 traded unchanged. WTI Crude oil price stood at US$42.42.

Volume: 2.67 bln (3-month avg vol: 2.20 bln) & Value: 2.39 bln ⬆:373, :⬇573    
FCPO -RM7@RM2,275
Dow Futues -50

Active stocks:    
INSTACO +1.0sen@RM0.325, RGB -2.0sen@RM0.16, GENETEC +1.5sen@RM0.285, INIX -1.0sen@RM0.09  

Potential stocks:

EATECH +6.0sen@RM1.34, price rose above the EMA20 level with improved volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

MRCB +4.0sen@RM1.36, price has formed a bullish engulfing candle on the EMA20 level. The MACD Histogram has turned green, while the RSI is hovering around 50.

ARMADA +4.0sen@RM1.07, price experienced a breakout above the RM1.05 consolidation level. The MACD Histogram has turned green, while the RSI continues to hover above the 50 level.

Source: Bloomberg, M+ Online

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