KUALA LUMPUR (May 2): The FBM KLCI fell 0.63% in early trade this morning in line with the mixed regional markets after resuming trade today followiung the May 1 holiday.

At 9.10am, the FBM KLCI fell 11.75 points to 1,858.62.

The early losers included Nestkle (M) Bhd, Petronas Dagangan Bhd, Carlsberg Brewery Malaysia Bhd, Hong Leong Financial Group Bhd, PPB Group Bhd, Hong Leong Bank Bhd, IJM Corp Bhd, Southern Acids (M) Bhd, Genting Plantations Bdh and IHH Healthcare Bhd.

Asian stocks were mixed as trading resumed in several key markets after holidays, while the dollar steadied close to a near four-month high. Positive results from Apple Inc. results boosted Nasdaq futures, according to Bloomberg.

Equities in Japan dipped at the open while those in Australia advanced. Technology shares were mixed even as revenue and profit at the iPhone maker beat analysts’ estimates, lifting its shares in post-market U.S. trading. Ten-year Treasury yields remained below 3 percent while the greenback was little changed against most major currencies after Tuesday’s jump. China reopens after a two-day holiday. U.S. stock futures slipped after a Washington Post report that the possibility of a subpoena has been raised for President Donald Trump in an ongoing special-counsel investigation, it said.

JF Apex Securities Research in a market preview said US markets ended mixed amid quarterly earnings while European stocks were flat following low trading volume as several markets were closed for Labour Day.

“On the local market, the FBM KLCI rose 6.90 points to 1870.37 points.

“Following the mixed performance in the US and Europe, the FBM KLCI is expected to hover below the resistance of 1880 points,” it said.