KUALA LUMPUR (Feb 2): The FBM KLCI started off on a lacklustre note this morning, and drifter lower in early trade.

At 9.10am, the FBM KLCI shed 1,85 points to 1,669.69.

The early decliners included Petronas Gas Bhd, Tenaga Nasional Bhd, KLCC Property Holdings Bhd, Fraser & Neave Holdings Bhd, Time Dotcom Bhd, Cycle & Carriage Bintang Bhd and Malayan Banking Bhd.

Asian shares ticked up while the dollar was capped on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hint of any immediate rate hike, according to Reuters.

While strong economic data from the United States and elsewhere underpinned risk assets, uncertainty and concerns over U.S. President Donald Trump's policies are leaving markets on edge, it said.

JF Apex Securities Research in a market preview today said US markets ended higher overnight after the Federal Reserve kept interest rates unchanged.

It said that earlier, European stocks advanced led by basic resources and automotive counters after positive corporate earnings.

“On the local market, the FBM KLCI plunged 14.82 points to 1671.54 points on Tuesday.

“Following the positive performance in the US and Europe, the FBM KLCI could be buoyed above the support of 1660 points,” it said.