M+ Online Market Wrap – 19 Feb 16: KLCI -5.14pts (+0.31%) @1,674.88 pts. The FBMKLCI ended the week on a weaker note due to mild profit taking in selected plantation and banking heavyweights. Despite the mostly negative broader market, the lowers liners however bucked the overall market trend, while the Industrial, Technology and Properties sub-indices also added 0.2%, 0.6% and 0.5%, respectively. On the FBM KLCI, there are 8 advancers, 14 decliners and 8 traded unchanged. WTI Crude oil price stood at US$30.59.

Volume: 1.59 bln (3-month avg vol: 1.95 bln) & Value: 1.73 bln ⬆:426, ⬇:382    
FCPO +RM17@RM2,617
Dow Futures +35

Active stocks:    
SANICHI -1.5sen@RM0.055, JAG -0.5sen@RM0.125, JADI +1.0sen@RM0.11, MMAG -0.5sen@RM0.065.

Potential stocks:

ATURMJU +7.5sen@RM0.94, price has formed a breakout-pullback-continuation pattern on the EMA60 level with high volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 50 level.

JAKS +6.0sen@RM1.11, price has breakout above the RM1.07 consolidation level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 50 level.

ANZO +3.5sen@RM0.245, price has breakout above the RM0.22 resistance level with high volumes. The MACD Line has expanded positively above the zero level, but the RSI is overbought.

Source: Bloomberg, M+ Online

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