M+ Online Market Wrap – 30 Nov 15: KLCI -10.43 pts (-0.62%) @1,672.16 pts. The FBM KLCI started off the week on a dour tone as the key index fell for the third straight day but managed to trim its intraday losses, forming a hammer pattern near the EMA60 level. The lower liners continues to be in the red, while the Technology (+0.9%) and Mining (+0.8%) sectors outperform the broader market. On the FBM KLCI, there are 9 advancers, 19 decliners and 2 traded unchanged. WTI Crude oil price stood at US$41.62.

Volume: 2.51 bln (3-month avg vol: 2.08 bln) & Value: RM3.79 bln :arrow_up::270, ::arrow_down:679 
FCPO -RM16@RM2,346
Dow Futures +11

Active stocks: 
BORNOIL +0.5sen@RM0.165, INSTACO@RM0.32, XOX -2.5sen@RM0.31, WINTONI -2.5sen@RM0.06

Potential stocks:

INARI +21.0sen@RM4.22, price has retested the all-time high level, after forming a breakout-pullback-continuation pattern on the EMA9 level. The MACD Line has given a “Buy” signal, while the RSI is approaching the overbought level. 

OCNCASH +1.0sen@RM0.415, price formed a hammer candle on the EMA60 level, signalling potential rebound with mild improved volumes. The MACD Histogram has extended another red bar, while the RSI has rebounded off the 50 level

PADINI +10.0sen@RM1.74, price experienced a breakout above the RM1.68 level with high volumes. The MACD Line has given a “Buy” signal, while the RSI stayed within the overbought zone. 

Source: Bloomberg, M+ Online

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