M+ Online Market Wrap – 11 Dec 15: KLCI -8.51 pts (-0.52%) @1,640.14 pts. The FBM KLCI registered its second straight weekly losses most attributable to the decline in O&G, utilities, financials and telco heavyweights. Meanwhile, the FBM ACE (+0.1%) and Technology (+0.3%) sub-indices were the only outperformer on the broader market. On the FBM KLCI, there are 6 advancers, 20 decliners and 4 traded unchanged. WTI Crude oil price stood at US$36.60.

Volume: 1.61 bln (3-month avg vol: 2.19 bln) & Value: 1.88 bln ::arrow_up:306, ::arrow_down:477 
FCPO +RM62@RM2,439
Dow Futures -17

Active stocks: 
RSENA +2.5sen@RM0.40, XOX@RM0.195, INSTACO@RM0.28,
SKPETRO -2.0sen@RM1.94,

Potential stocks:

HALEX +4.0sen@RM0.68, price formed a flag formation breakout above the EMA 9 level with a surge in volumes. The MACD Histogram has turned green, while the RSI hovers above the 50 level. 

ZECON +2.5sen@RM0.795, price is well supported above the EMA 9 level with improved volumes. The MACD Histogram has turned green. 

ECOWLD +9.0sen@RM1.50, price surged above the EMA 9 level with high volumes. The MACD Histogram has turned green, while the RSI hovers above the 50 level.

Source: Bloomberg, M+ Online

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