KUALA LUMPUR (Sept 7): The FBM KLCI is expected to edge higher this morning in line with the overnight advance at Wall Street but gains are seen capped as local investor sentiment stays wary.

U.S. shares rose on Wednesday and the dollar gained against the safe-haven Japanese yen as upbeat news out of Washington helped mitigate investors' concerns about North Korea's nuclear weapons tests and a major hurricane barreling towards Puerto Rico and Florida, according to Reuters.

U.S. President Donald Trump and congressional leaders agreed to pass an extension of the debt limit until Dec. 15. The news also lifted the yield on benchmark 10-year U.S. Treasury notes after it had fallen to a near 10-month low at 2.054 percent, it said.

The Dow Jones Industrial Average rose 54.33 points, or 0.25 percent, to end at 21,807.64, the S&P 500 gained 7.69 points, or 0.31 percent, to 2,465.54 and the Nasdaq Composite added 17.74 points, or 0.28 percent, to 6,393.31, said Reuters.

Based on corporate announcements and news flow yesterday, stocks in focus today may include: Sona Petroleum Bhd, Econpile Holdings Bhd, Berjaya Assets Bhd, CIMB Group Holdings Bhd, Olympia Industries Bhd, Vizione Holdings Bhd, Priceworth International Bhd, Felda Global Ventures Holdings Bhd, Iris Corp Bhd and Lingkaran Trans Kota Holdings Bhd.