KUALA LUMPUR (April 27): The FBM KLCI pared some of its gains but still remained up 0.37% at mid-morning today, tracking regional markets.

At 10am, the FBM KLCI was up 6.92 points to 1,859.19. The index had earlier risen to a high of 1,865.75.

Gainers led losers by 283 to 140, while 243 counters traded unchanged. Volume was 385.4 million shares valued at RM185.61 million.

The gainers included Nestle (M) Bhd, Fraser & Neave Holdings Bhd, Malaysia Airports Holdings Bhd, Public Bank Bhd, LPI Capital Bhd, Top Glove Corp Bhd, Petronas Dagangan Bhd, Kossan Rubber Industries Bhd, Choo Bee Metal Industries Bhd and Telekom Malaysia Bhd.

The actives included Borneo Oil Bhd, Sapura Energy Bhd, SKH Consortium Bhd, AirAsia X Bhd and PUC Bhd.

The decliners included British American Tobacco (M) Bhd, Panasonic Manufacturing Malaysia Bhd, United Plantations Bhd, Ta Ann Holdings Bhd and Petronas Gas Bhd.

Asian shares edged higher on Friday, after US equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rates unchanged, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, it said.

Hong Leong IB Research in a traders' brief said in the US, it sees an extended tug of war between the ongoing 1Q18 earnings season and the extended worries over the rising yield environment and trade war tensions, technically following the overnight 1% rebound in the US market.

"Dow is poised for a downtrend line breakout towards 24,900-25,000 in the short term, after building a floor above 200d SMA at 23,800.

"In tandem with the overnight Dow rally, we believe severely oversold stocks on the local front could be due for a technical rebound after recent rout," it said.