M+ Online Market Wrap – 14 Jan 16: KLCI  -9.10 pts (-0.55%) @1,633.44 pts. Tracking the negative performance on the Dow, the FBM KLCI ended in the negative territory amid the sell offs in oil and gas heavyweights. Meanwhile, most of the lower liners and small caps ended in the red with all the indices trended negatively. On the FBM KLCI, there are 8 gainers, 16 losers and 6 unchanged stocks. WTI Crude oil price stood at US$30.75.

Volume: 2.00 bln (3-month avg vol: 2.15 bln) & Value: 2.31 bln ⬆:222, :⬇681    
FCPO@RM2,454
DowFut +2

Active stocks:    
SANICHI@RM0.085, MTRONIC -0.5sen@RM0.07, PUC -1.0sen@RM0.095, TIGER +0.5sen@RM0.085

Potential stocks:

UPA +20.0sen@RM2.42, follow-through buying interest was noted above the RM2.20 level. The MACD Indicator has expanded positively above zero.

UMSNGB +12.0sen@RM1.14, price ended at the all-time-high zone with high volumes. The RSI is approaching the overbought region.

OLDTOWN +6.0sen@RM1.69, price experienced a consolidation breakout above the RM1.63 level with improved volumes.  The MACD Histogram extended another green bar.
    
Source: Bloomberg, M+ Online

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