M+ Online Market Wrap – 22 Dec 15: KLCI +14.17 pts (+0.87%) @1,643.26 pts. The FBM KLCI snapped its second consecutive session of losses, lifted by the buying support from telco and banking heavyweights. Concurrently, both the lower liners and the broader market also ended in the positive territory. On the FBM KLCI, there are 24 advancers, 3 decliners and 3 traded unchanged. WTI Crude oil price stood at US$36.07.

Volume: 1.62 bln (3-month avg vol: 2.14 bln) & Value: 1.58 bln up:470, down:353 
FCPO +RM29@RM2,472
Dow Futures -18

Active stocks: 
SMTRACK -0.5sen@RM0.115, GREENYB +5.5sen@RM0.275, XOX +1.5sen@RM0.215,
PWORTH +1.0sen@RM0.165.

Potential stocks:

KIMHIN +9.0sen@RM2.23, price experienced a breakout above the RM2.19 shot-term consolidation level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 50 level.

PELIKAN +4.5sen@RM0.99, price has formed a flag-formation breakout above the RM0.965 level. The MACD Histogram has turned green, but the RSI is overbought.

VS +2.0sen@RM1.63, price has re-tested the RM1.63 all-time high level with improved volumes. The MACD Histogram has extended another green bar, while the RSI is approaching the overbought level.

Source: Bloomberg, M+ Online

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