M+ Online Market Wrap – 23 Dec 15: KLCI +20.25 pts (+1.23%) @1,663.51 pts. The FBM KLCI closed sharply higher ahead of the extended festive period as crude oil prices rebounded. The lower liners also ended mostly higher with the exception of FBM Ace (-0.04%) while the broader market advanced. On the FBM KLCI, there are 25 advancers, 4 decliners and 1 traded unchanged. WTI Crude oil price stood at US$36.48.

Volume: 1.63 bln (3-month avg vol: 2.14 bln) & Value: 1.63 bln :arrow_up:upup:551, :arrow_down:down:331 
FCPO +RM13@RM2,481
Dow Futures +47

Active stocks: 
SMTRACK -1.0sen@RM0.105, APFT -0.5sen@RM0.285, DNONCE +3.0sen@RM0.205,
GSB +1.5sen@RM0.13.

Potential stocks:

CHEEWAH +8.0sen@RM1.45, price has formed a breakout-pullback-continuation pattern above the EMA9 level with improved volumes. The MACD Histogram has turned green, while the RSI hovers above the 50 level.

OCNCASH +2.0sen@RM0.45, price has formed a flag-formation breakout above the RM0.44 level. The MACD Histogram has turned green, while the RSI hovers above the 50 level.

JOHOTIN +8.0sen@RM2.18, price rose to close above the EMA20 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level.

Source: Bloomberg, M+ Online

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