M+ Online Market Wrap – 9 Dec 15: KLCI -9.88 pts (-0.59%) @1,659.36 pts. The FBM KLCI fell into the negative territory for the second straight session owing to the losses amongst O&G, utilities and telco heavyweights. Meanwhile, the FBM Small Cap and Fledging, however rose 0.1% and 0.2%, respectively, while Technology sub-index managed to buck the market trend by recording a gain of 0.6%. On the FBM KLCI, there are 6 advancers, 22 decliners and 2 traded unchanged. WTI Crude oil price stood at US$37.88.

Volume: 1.66 bln (3-month avg vol: 2.20 bln) & Value: 1.82 bln :arrow_up::373, ::arrow_down:435 
FCPO -RM11@RM2,385
Dow Futures -22

Active stocks: 
INSTACO -1.0sen@RM0.295, XOX@RM0.20, IFCAMSC +5.5sen@RM1.04,
NETX -0.5sen@RM0.045

Potential stocks:

COMFORT +4.5sen@RM0.83, price closed above the RM0.82 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has just crossed above the 50 level. 

POHKONG +3.5sen@RM0.56, price has formed a B-P-C pattern above the EMA 9 level with improvement in volumes. The MACD Histogram has turned green, while the RSI hovers above the 50 level. 

KIMLUN +6.0sen@RM1.44, price surged above the EMA 9 level with high volumes. The MACD Histogram has extended turned green.

Source: Bloomberg, M+ Online

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