KUALA LUMPUR (Nov 1): The FBM KLCI drifted lower in early trade today in tandem with the weaker regional markets. At 9.05am, the FBM KLCI dipped 0.53 points to 1,671.93. The decliners included British American Tobacco (M) Bhd, Nestle (M) Bhd, PPB Group Bhd, United Plantations Bhd, Top Glove Corp Bhd, Petronas Chemicals Group Bhd, RCE Capital Bhd, Prestariang Bhd and Gas Malaysia Bhd. Asian stocks wallowed near six-week lows on Tuesday as investors braced for a looming raft of economic and central bank events, while oil prices fell as markets doubted OPEC's ability to implement planned production cuts, according to Reuters. Market anxiety deepened in recent sessions after the Federal Bureau of Investigation on Friday said it was investigating newly discovered emails that might relate to democratic presidential candidate Hillary Clinton's use of a private email server when she was secretary of state, it said.

Source: The Edge Markets November 01, 2016 01:30 UTC