KUALA LUMPUR (Oct 21): The FBM KLCI opened flat this morning ahead of the tabling of Budget 2017 at 4pm today, but the outlook for the market is seen muted in line with the slip at regional markets. At 9.07am, the FBM KLCI was up 1.22 points to 1,668.40. The early gainers included Nestle (M) Bhd, British American Tobacco (M) Bhd, Panasonic Malaysia Manufacturing Bhd, Genting Bhd, CIMB Group Holdings Bhd, Press Metal Bhd and GD Express Carrier Bhd. “On the local market, the FBM KLCI lost 1.09 points to 1667.18 points. “Following the mixed performance in the US and Europe, the FBM KLCI could remain sideways below the resistance of 1675 points.

Source: The Edge Markets October 21, 2016 01:39 UTC