The FBM KLCI got off to a muted start this morning but stayed above its support level of 1,750-points.
At 9.10am, the FBM KLCI was flat at 1,759.67.
Gainers led losers by 147 to 81, while 195 counters traded unchanged.
Among the early decliners were Malaysia Airports Holdings Bhd, British American Tobacco (M) Bhd, Star Media Group Bhd, Denko Industrial Corp Bhd, MPHB Capital Bhd, Lii Hen Industries Bhd and Berjaya Auto Bhd.
JF Apex Securities Research in a market preview today said US markets climbed overnight to extend their record highs led by gains in healthcare and financial counters.
It said that earlier, European bourses ended slightly higher amid easing concern over Spain's political instability following Catalonia's independence referendum.
“On the local market, the FBM KLCI staged a rebound after climbing 4.89 points to 1759.67 points.
“Following the positive performance in the US and Europe, the FBM KLCI could extend its gains after bouncing off the support of 1750 points,” it said.
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