KUALA LUMPUR (Nov 14): The FBM KLCI is expected to trend sideways today with support at the 1,680-level, taking cue from the weaker overnight close at Wall Street as well as falling crude oil prices.

Oil and gas-related stocks at Bursa Malaysia are seen coming pressure today.

Wall Street stock prices shed earlier gains on Tuesday while oil prices plunged on persistent concerns of weakening global demand, according to Reuters.

The U.S. benchmark S&P 500 stock index turned negative after energy stocks were depressed by falling Brent and U.S. crude futures. Oil prices tumbled 7 percent, with U.S. crude touching its lowest level in a year, it said.

The Dow Jones Industrial Average fell 112.53 points, or 0.44 percent, to 25,274.65, the S&P 500 lost 3.22 points, or 0.12 percent, to 2,723 and the Nasdaq Composite added 3.79 points, or 0.05 percent, to 7,204.66, said Reuters.

Based on corporate announcements and news flow yesterday, stocks in focus today may include Scientex Bhd, Daibochi Bhd, IHH Healthcare Bhd, Perdana Petroleum Bhd, KLCCP Stapled Group, Malaysia Building Society Bhd (MBSB), Lay Hong Bhd, ELK-Desa Resources Bhd, Teo Seng Capital Bhd, Tiger Synergy Bhd, Sterling Progress Bhd and Sunway Construction Group Bhd.