KUALA LUMPUR (Dec 24): The FBM KLCI is expected to be in range bound mode today in light pre-holiday trading on the back of a sell-off at most global markets last Friday.

However, some year-end window dressing activities could lift the domestic index higher, on buying of selective blue chips.

World stock markets continued a week-long sell-off on Friday as the threat of a U.S. government shutdown and comments from a top White House trade adviser casting doubt that a breakthrough on trade tensions with China can be achieved compounded investor anxiety that global economic growth is slowing, according to Reuters.

MSCI's index of global equities fell 1.5 percent, dragged down by broad declines in Europe and Asia. On Wall Street, U.S. stocks initially moved higher after Commerce Department data showed the U.S. economy is on pace to grow by 3 percent this year. But they pared their gains and then turned lower, it said.

The Dow Jones Industrial Average fell 414.23 points, or 1.81 percent, to 22,445.37, the S&P 500 lost 50.8 points, or 2.06 percent, to 2,416.62 and the Nasdaq Composite dropped 195.41 points, or 2.99 percent, to 6,333.00, said Reuters. S

Based on corporate announcements and news flow last Friday, companies that could be in focus today may include the following: Sumatec Resources Bhd, Top Gloves Bhd, Sime Darby Bhd, Advance Synergy Bhd, PRG Holdings Bhd, Muhibbah Engineering (M) Bhd, WCT Holdings Bhd, Sedania Innovator Bhd, DKSH Holdings (M) Bhd, AirAsia Group Bhd and My E.G. Services Bhd.