KUALA LUMPUR (Sept 19): The FBM KLCI is expected to extend its loss today in line with with the weaker close at most global markets last Friday, and hover around the 1,660-point level. The possibility of a $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower, according to Reuters. U.S. data showing a strong increase in August consumer prices bolstered those arguing for the Federal Reserve to raise interest rates later this year, helping send U.S. Treasury yields and the dollar higher, it said. Based on corporate announcements and news flow last Thursday, the companies that may be in focus today could include: Apex Healthcare Bhd, Chin Hin Group Bhd, Magni-Tech Industries Bhd, Genting Plantations Bhd, Bintai Kinden Corp Bhd and Aeon Co (M) Bhd.

Source: The Edge Markets September 18, 2016 21:45 UTC