KUALA LUMPUR (April 10): The FBM KLCI struggled to remain above the 1,740-point level at mid-morning today with the nervous regional markets, as rising geopolitical tensions kept investors on tenterhooks. At 10.02am, the FBM KLCI fell 3.93 points to 1,737.79. The top losers included Hong Leong Financial Group Bhd, Pentamaster Corp Bhd, IQ Group Holdings Bhd, Petronas Dagangan Bhd, Perusahaan Sadur Timah Malaysia (Perstima) Bhd, Petronas Chemicals Group Bhd, Prestariang Bhd, Maxis Bhd and QL Resources Bhd. "Should there be any breakout above 1,750 on the FBM KLCI, it may retest the 1,760 level. "Also, given the recovering Brent crude oil prices above US$54, we may anticipate trading interest to pick up within oil and gas this week," it said.

Source: The Edge Markets April 10, 2017 02:37 UTC