M+ Online Market Wrap – 15 Dec 15: KLCI -7.12 pts (-0.44%) @1,622.84 pts. The FBM KLCI extended its losses for its sixth consecutive session on the back of a mixed broader market. Meanwhile, some of the lower liners and other sub-indices on the broader market that outperformed the broader market were Technology and Industrial Products which rose 0.5% and 1.2% respectively, while FBM Small Cap and Fledging increased by 0.6% and 0.3%, respectively. On the FBM KLCI, there are 10 advancers, 17 decliners and 3 traded unchanged. WTI Crude oil price stood at US$36.50.

Volume: 1.43 bln (3-month avg vol: 2.17 bln) & Value: 1.66 bln :arrow_up::387, ::arrow_down:386 
FCPO -RM71@RM2,333
Dow Futures +131

Active stocks: 
RSENA@RM0.38, INSTACO@RM0.27, DSONIC +1.0sen@RM1.53,
KTC +2.0sen@RM0.29.

Potential stocks:

SYF +4.0sen@RM0.55, price surged above the EMA 9 level with high volumes. The MACD Histogram has turned green. Trailing stop loss is located around the EMA 9 level. 

VS +7.0sen@RM1.57, price closed above the EMA 9 level with slight improvement in volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

SUNCON +4.0sen@RM1.42, price closed above the EMA 9 level with improved volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

Source: Bloomberg, M+ Online

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