KUALA LUMPUR (Jan 27): The FBM KLCI dipped 0.35% as the market closed ahead of the long weekend for the Lunar New Year holiday. At 12.30pm, the FBM KLCI fell 5.86 points to 1,686.36, down from its intra-morning high of 1,695.72. The top losers included PPB Group Bhd, Kuala Lumpur Kepong Bhd, Hong Leng Financial Group Bhd, United Plantations Bhd, Axiata Group Bhd, Genting Bhd, The Store Corporation Bhd, Petronas Dagangan Bhd and UMW Holdings Bhd. The gainers included Nestle (M) Bhd, Panasonic Malaysia Manufacturing Bhd, British American Tobacco (M) Bhd, Allianz Malaysia Bhd, Sime Darby Bhd and Perusahaan Sadur Timah Malaysia (Perstima) Bhd. “Thus we view that the FBM KLCI to end the week on a listless tone, within 1,680-1,690 today.

Source: The Edge Markets January 27, 2017 05:03 UTC