M+ Online Market Wrap – 30 Dec 15: KLCI +7.78 pts (+0.46%) @1,693.14 pts. The FBM KLCI rose for the fifth straight session as the key index re-tested the 1,700 psychological level. The lower liners, however, ended lower – FBM Small Cap (-0.2%), FBM Fledging (-0.4%) and FBM Ace (-0.3%), all retreated. On the FBM KLCI, there are 19 advancers, 9 decliners and 2 traded unchanged. WTI Crude oil price stood at US$37.05.

Volume: 1.77 bln (3-month avg vol: 2.15 bln) & Value: 1.80 bln; up:390, down:532
FCPO +RM4@RM2,488
Dow Futures -41

Active stocks: 
KTC +4.0sen@RM0.41, INSTACO -0.5sen@RM0.27, UTOPIA +0.5sen@RM0.045, RSENA@RM0.385  

Potential stocks:

TAS+2.0sen@RM0.755, price has breakout above the RM0.755 level with high volumes. The MACD Line has given a “Buy” signal, while the RSI hovers above the 50 level. 

SCABLE+7.0sen@RM1.74, price has breakout above the RM1.73 resistance level with high volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 50 level. 

PTB+1.0sen@RM0.14, price has formed a breakout-pullback-continuation pattern above the RM0.13 level with improved volumes. The MACD Histogram has turned green, while the RSI stayed above the 50 level.

Source: Bloomberg, M+ Online

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