KUALA LUMPUR (Sept 13): The FBMKLCI opened marginally lower this morning after the long weekend holiday, despite more robust regional markets. The early losers included United Plantations Bhd, Kuala Lumpur Kepong Bhd and Malaysia Airports Holdings Bhd. "However, European stocks declined as investors failed to shake off concerns over a potential interest rate hike in September by the US Federal Reserve," it added. On the local market, the research outfit said the FBMKLCI slid 4.94 points to 1686.11 points last week, ahead of the long weekend. "The FBM KLCI could remain pressured below the resistance of 1,705 points ahead of another long weekend," it said.

Source: The Edge Markets September 13, 2016 01:30 UTC