KUALA LUMPUR (Jan 25): The FBM KLCI remained subdued at the midday break today, as some mild profit taking halted the index’s advance, despite the firmer regional markets. The top gainers included UMW Holdings Bhd, Magni-Tech Industries Bhd, JHM Consolidation Bhd, United Plantations Bhd, Petronas Gas Bhd, Axiata Group Bhd, Enra Group Bhd, SCGN Bhd and Mega First Corporation Bhd. The actives included Hibiscus Petroleum Bhd, EA Holdings Bhd, KNM Group Bhd, SKH Resources Bhd, IFCA MSC Bhd, CIMB Group Holdings Bhd, Tenaga Nasional Bhd and Benalec Holdings Bhd. “Shall the FBM KLCI manage to convincingly climb above the 1,685 level (R1), it could set sight at 1,700. “Or else, the FBM KLCI will likely continue to trade tepidly within 1,660-1,680 this week.

Source: The Edge Markets January 25, 2017 05:17 UTC