M+ Online Market Wrap – 26 Feb 16: KLCI +5.28pts (+0.32%) @1,663.44 pts. The FBMKLCI ended on a positive note, owing to buying support in selective banking and plantation heavyweights. The lower liners, however, continue to close lower amid the mixed broader market. On the FBM KLCI, there are 15 advancers, 11 decliners and 4 traded unchanged. WTI Crude oil price stood at US$33.56.

Volume: 1.69 bln (3-month avg vol: 1.86 bln) & Value: 1.95 bln ⬆:335, ⬇:492    
FCPO -RM1@RM2,534
Dow Futures +97

Active stocks:    
PUC -1.0sen@RM0.09, AIRASIA -5.0sen@RM1.39, APFT -0.5sen@RM0.07, XOX +0.5sen@RM0.15.

Potential stocks:

SCABLE +7.0sen@RM1.64, price has formed a breakout-pullback-continuation pattern above the EMA120 level with improved volumes. The MACD Line is approaching the zero level, while the RSI continues to hover above the 50 level.

NTPM +2.5sen@RM0.965, price has formed a bullish engulfing candle above the EMA20 level. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

CIMB +22.0sen@RM4.47, price has formed a flag-formation breakout above the RM4.36 level with high volumes. The MACD Histogram has turned green, while the RSI is approaching the overbought level.

Source: Bloomberg, M+ Online

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