KUALA LUMPUR (March 6): The FBM KLCI edged up in early trade, but its gains are seen capped in line with the lacklustre regional markets. At 9.05am, the FBM KLCI rose 1.35 points to 1,709.73. The early gainers included Petronas Gas Bhd, Perusahaan Sadur Timah Malaysia (Perstima) Bhd, Malaysian Pacific Industries Bhd, Salutica Bhd, Lii Hen Industries Bhd, Public Bank Bhd, Petronas Chemicals Group Bhd, FACB Industries Bhd, SP Setia Bhd and Muadajaya Group Bhd. “On the local market, the FBM KLCI dropped 7.29 points to 1708.38 points. “Following the bullish performance in the US and Europe, the FBM KLCI could follow suit and climb towards its resistance of 1730 points,” it said.

Source: The Edge Markets March 06, 2017 01:21 UTC