M+ Online Market Wrap – 15 Mar 16: KLCI -9.39 pts (-0.55%) @1,690.92 pts. The FBM KLCI snapped a three consecutive day of gains to close in the red following a two-day slump in crude oil prices. The lower liners, however ended mostly higher as the FBM Small Cap and the FBM Fledging rose 0.1% and 0.4% respectively. On the FBM KLCI, there are 10 advancers and 20 decliners. WTI Crude oil price stood at US$36.19.

Volume: 1.52 bln (3-month avg vol: 1.80 bln) & Value: 1.70 bln ⬆:409, ⬇:381
FCPO +RM18@RM2,611
Dow Futures -72
    
Active stocks:    
AIRASIA +8.0sen@RM1.79, AAX +1.0sen@RM0.305, VIVOCOM +0.5sen@RM0.265, PALETTE -0.5sen@RM0.05

Potential stocks:

EURO +2.0sen@RM0.25, price has gapped up to close above the EMA60 level with improved volumes. The MACD Indicator has given a “Buy” signal, while the RSI has crossed above the 50 level.

AMPROP +2.0sen@RM0.93, price has noted some follow-through buying interest above the RM0.90 level. The MACD Indicator is trending higher above zero.

YONGTAI +2.5sen@RM0.80, price has experienced a consolidation breakout above the RM0.785 level with improved volumes. The MACD Indicator has given a “Buy” signal, while the RSI has crossed above the 50 level.

Source: Bloomberg, M+ Online

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