M+ Online Market Wrap – 8 Dec 15: KLCI -2.76 pts (-0.17%) @1,669.24 pts. The FBM KLCI fell into the negative territory amid the plunge in crude oil prices and losses in regional markets. The Technology (+0.9%), Finance (+0.1%) and the lower liners like FBM Ace (+0.6%) and Small Cap (+0.1%), however have outperformed the broader market, while the Fledging sub-index increased by 0.2%. On the FBM KLCI, there are 7 advancers, 12 decliners and 10 traded unchanged. Meanwhile, Tenaga Nasional Berhad was suspended. WTI Crude oil price stood at US$39.51.

Volume: 1.78 bln (3-month avg vol: 2.16 bln) & Value: 1.68 bln :arrow_up:: 393, :arrow_down::423 
FCPO -RM39@RM2,397
Dow Futures -91

Active stocks: 
UTOPIA@RM0.045, INSTACO +2.5sen@RM0.305, XOX -0.5sen@RM0.20, GENETEC -1.0sen@RM0.295

Potential stocks:

TAS +6.5sen@RM0.75, price closed above the EMA 9 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has just crossed above the 30 level. 

WTK +7.0sen@RM1.22, price has formed a flag formation breakout above the RM1.15 level with improvement in volumes. The MACD Histogram has turned green, while the RSI hovers above the 30 level. 

LCTH +2.5sen@RM0.78, price continued to close above the EMA 9 level. The MACD Histogram has extended another green bar, while the RSI is at 50 level.

Source: Bloomberg, M+ Online

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