KUALA LUMPUR (April 27): The FBM KLCI got off to a cautious start in trade early this morning in line with the edgy regional markets.

At 9.05am, the FBM KLCI gained 1.12 points to 1,770.04.

The early gainers included Nestle (M) Bhd, Fraser & Neave Holdings Bhd, Ajinomoto (M) Bhd, Kuala Lumpur Kepong Bhd, Ancom Holdings Bhd, Hong Leong Industries Bhd, Hap Seng Consolidated Bhd, Yinson Holdings Bhd, Petronas Gas Bhd and Tasek Corporation Bhd.

Asian shares ticked down from near two-year high on Thursday after a long-awaited U.S. tax plan failed to inspire investors, though sentiment remains supported by global growth prospects and receding worries about political risks in Europe, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent after hitting its highest level since June 2015 on Wednesday. Japan's Nikkei dipped 0.3 percent, it said.

JF Apex Securities Research in a market preview today said US markets ended slightly lower after surrendering intra-day gains after White House announced a plan for tax reform.

It said that earlier, European stocks continued to advance as corporate earnings beat market expectations.

“On the local market, the FBM KLCI added 3.12 points to 1768.92 points yesterday.

“With the lingering positive news flow in overseas markets, the FBM KLCI could test its resistance of 1770 points,” it said.