M+ Online Market Wrap – 10 Dec 15: KLCI -10.71 pts (-0.65%) @1,648.65 pts. The FBM KLCI registered its third consecutive session of losses as more than two thirds of the index-linked heavyweights fell into the negative territory. Meanwhile, most of the sub-indices on the broader market also extended their losses with the exception of Industrial Products and Technology sectors which rose 0.2% and 0.3%, respectively. On the FBM KLCI, there are 5 advancers, 23 decliners and 2 traded unchanged. WTI Crude oil price stood at US$37.28.

Volume: 2.06 bln (3-month avg vol: 2.19 bln) & Value: 1.94 bln ::arrow_up:294, ::arrow_down:541 
FCPO -RM10@RM2,374
Dow Futures +69

Active stocks: 
RSENA -12.5sen@RM0.375, INSTACO -1.5sen@RM0.28, AMEDIA -0.5sen@RM0.025,
SANICHI +1.0sen@RM0.09,

Potential stocks:

EFFICEN +1.0sen@RM0.32, price formed a flag formation breakout above the RM0.31 level with improved volumes. The MACD Histogram has turned green. The trailing stop loss is located around the EMA 9 level. 

UNISEM +8.0sen@RM2.52, price is well supported above the EMA 9 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level. 

SEACERA +4.0sen@RM0.805, price surged above the RM0.80 level with higher volumes. The MACD Line has given a “Buy” signal, while the RSI has just crossed above the 50 level.

Source: Bloomberg, M+ Online

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