M+ Online Market Wrap – 17 Dec 15: KLCI +22.39 pts (+1.37%) @1,656.52 pts. Following the hike in U.S. key interest rates, the FBM KLCI extended its rebound amid strong buying interest amongst index heavyweights and a jump in crude oil prices. Meanwhile, the Mining Index (-2.3%) was the only underperformer on the back of a mostly positive broader market. On the FBM KLCI, there are 28 advancers and 2 decliners. WTI Crude oil price stood at US$35.07.

Volume: 1.95 bln (3-month avg vol: 2.15 bln) & Value: 2.25 bln :arrow_up::594, :arrow_down::298 
FCPO -RM27@RM2,376
Dow Futures +38

Active stocks: 
XOX@RM0.225, APFT +2.5sen@RM0.28, CAP -0.5sen@RM0.08, INSTACO -0.5sen@RM0.27.

Potential stocks:

EMICO +1.5sen@RM0.275, price closed above the EMA 9 level with high volumes. The MACD Histogram has extened another green bar, while RSI hovers above the 50 level. 

CHINWEL +16.0sen@RM1.92, price closed at its 10 year high of RM1.92 level with high volumes. The MACD Histogram has extended another green bar. Trailing stop loss is located around the EMA 9 level.

EEWIN +6.0sen@RM1.14, price closed above its all-time high level with improvement in volumes. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 50 level.

Source: Bloomberg, M+ Online

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