The FBM KLCI barely changed from last Friday's close, dropping 1.28 points or 0.08% to close at 1,651.71. Blue chips that helped to nudge the KLCI today were mainly banking and plantation stocks, such as AMMB Holdings Bhd, CIMB Group Holdings Bhd, Genting Malaysia Bhd, Genting Bhd, IOI Corp Bhd, and Hap Seng Consolidated Bhd. Pong said investors are seeking good valuation in the regional market, which resulted in some — particularly the Philippines — facing downward pressure due to theirs being expensive. It was followed with Macquarie Capital Securities (M) Sdn Bhd's European-style call warrant on Hang Seng Index HSI-C36, and Evergreen Fibreboard Bhd. Next were Aeon Credit Service (M) Bhd and Heineken Malaysia Bhd.

Source: The Edge Markets September 19, 2016 10:07 UTC