KUALA LUMPUR (July 21): The FBM KLCI edged up in early trade today, but gains are seen limited in line with the cautious sentiment at most regional markets.

At 9.03am, the FBM KLCI rose 0.90 points to 1,725.03.

The top gainers included United Plantations Bhd, Panasonic Malaysia Manufacturing Bhd, Lafarge Malaysia Bhd, Petronas Dagangan Bhd, MISC Bhd, Power Root Bhd, Sime Darby Bhd, Top Glove Corporation Bhd and Genting Bhd.

Asian shares got off to a wobbly start on Tuesday, while gold prices steadied after plunging more than 4 percent to five-year lows in the previous session, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan opened flat, and was struggling to gain in early trade, it said.

JF Apex Securities Research in a market preview said US stocks ended slightly higher following the announcement of corporate results.

Meanwhile, it said European markets gained after Greece repaid 2 billion euros to IMF.

“On the local market, the FBM KLCI lost 2.60 points to 1724.13 points.

“We expect the benchmark index to remain sideways below the resistance of 1740 points due to the absence of catalyst.

“Investors would keep an eye on the decline in commodity prices, namely gold and oil,” it said.