KUALA LUMPUR (Nov 1): The FBM KLCI is likely to trade range bound today in line with the overnight shaky global equity markets and struggling Wall Street with declining crude oil prices. Oil prices fell sharply on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, while global equity prices were shaky as Wall Street struggled to build on a sentiment boost from a string of M&A deals, according to Reuters. The dollar recovered some ground, shaking off concerns linked to an investigation that could influence the U.S. presidential election, it said. Based on corporate announcements and news flow yesterday, companies that may be focus today could include: AirAsia Bhd, AirAsia X Bhd, Malaysia Airports Holdings Bhd, Coastal Contracts Bhd, Kumpulan Perangsang Selangor Bhd, Ekovest Bhd, Sasbadi Holdings Bhd and Caring Pharmacy Group Bhd.

Source: The Edge Markets October 31, 2016 22:44 UTC