KUALA LUMPUR (Nov 9): The FBM KLCI stuttered at mid-morning and reversed its earlier gains as Republican candidate Donald Trump took an early lead against Democrat Hillary Clinton, causing jitters across regional markets. At 10.04am, the FBM KLCI fell 4.15 points to 1,659.67. The top losers included Chin Teck Plantations Bhd, British American Tobacco (M) Bhd, Tien Wah Press Holdings Bhd, Genting Bhd, Hai-O Enterprise Bhd, KESM Industries Bhd and Malayan Banking Bhd. The actives included Vivocom Intl Holdings Bhd, RGB International Bhd, Ekovest Bhd, Hibiscus Petroleum Bhd and AirAsia X Bhd. “Should the outcome favour Clinton, we may see the FBM KLCI to stage further relief rally to retest 1684-1700 territory.

Source: The Edge Markets November 09, 2016 02:37 UTC