M+ Online Market Wrap – 16 Dec 15: KLCI +11.29pts (+0.70%) @1,634.13 pts. Following the rebound in regional markets and crude oil prices, the FBM KLCI broke its string of losses amid gains in financials, telco and O&G heavyweights. Meanwhile, the lower liners and other sub-indices on the broader market also ended in the positive territory – Industrial Products and FBM ACE added 1.21%) respectively. On the FBM KLCI, there are 17 advancers, 8 decliners and 5 traded unchanged. WTI Crude oil price stood at US$36.91.

Volume: 1.67 bln (3-month avg vol: 2.16 bln) & Value: 1.77 bln:arrow_up: :525, ::arrow_down:292 
FCPO -RM7@RM2,403
Dow Futures +58

Active stocks: 
XOX +5.5sen@RM0.225, CAP +0.5sen@RM0.085, APFT +2.0sen@RM0.255,
RSENA  +0.5sen@RM0.385.

Potential stocks:

COMCORP +2.5sen@RM0.335, price breakout above the RM0.325 level with high volumes. The MACD Histogram has turned green, while RSI hovers above the 50 level. 

WTK +9.0sen@RM1.27, price closed above the EMA 9 level with high volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 50 level.

HARTA +33.0sen@RM6.02, price surged above the EMA 9 level with slight improvement in volumes. The MACD Line has given a “Buy” signal, while the RSI continues to hover above the 50 level.

Source: Bloomberg, M+ Online

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