KUALA LUMPUR (Oct 11): The FBM KLCI remained in the negative zone at the midday break today as decliners edged advancers and losses at Genting Bhd-related stocks and Telekom Malaysia Bhd dragged the index lower.

At 12.30pm, the FBM KLCI fell 5.40 points to 1,755.73.

Losers led gainers by 290 to 279, while 528 counters traded unchanged. Volume was 1.59 billion shares valued at RM905.58 million.

The top losers included Kuala Lumpur Kepong Bhd, KESM Industries Bhd, United Plantations Bhd, Genting Bhd, Genting Malaysia Bhd, Genetec Technology Bhd, Unisem (M) Bhd, IJM Corp Bhd, Telekom Malaysia Bhd and Petronas Gas Bhd.

The actives included Hibiscus Petroleum Bhd, Tiger Synergy Bhd, Palette Multimedia Bhd, Cuscapi Bhd, Vivocom Intl Holdings Bhd, mTouche Technology Bhd, M3 Technologies (Asia) Bhd and Priceworth International Bhd.

The gainers included British American Tobacco (M) Bhd, Serba Dinamik Holdings Bhd, Batu Kawan Bhd, Fraser & Neave Holdings Bhd, Lotte Chemical Titan Holding Bhd, Malaysia Airports Holdings Bhd, Aeon Credit Service (M) Bhd, LPI Capital Bhd and Felda Global Ventures Holdings Bhd.

Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the US dollar loitered around two-week lows on worries President Donald Trump's tax plan could stall, according to Reuters.

The euro traded around a 10-day peak after Catalonia's leader suspended plans to leave Spain, easing near-term concerns about euro zone stability, it said.

CIMB Retail Research said despite the positive Asia close, the local barometer was down 2.90 points or 0.16% yesterday.

It said the FBM KLCI is likely to remain subdued today after it formed a doji candle yesterday, which usually signifies market indecision.

"Nevertheless, the lower liners stocks rose on rotational play yesterday and it is likely to continue today.

"The FBM ACE Index could potentially take out its triangle pattern resistance and rise further given the decisive triangle breakout on its indicators.

"A breakout above the 6,830 level would be a boon for the lower liners. Resistance: 1,770 & 1,780. Support: 1,753 & 1,744," it said.