KUALA LUMPUR (June 5): The FBM KLCI fell in early trade this morning, tracking losses at the regional markets, weighed by key blue chips.

At 9.05am, the FBM KLCI fell 4.51 points to 1,750.66.

The early decliners included Heineken Malaysia Bhd, PPB Group Bhd, Kuala Lumpur Kepong Bhd, Tenaga Nasional Bhd, Alliance Bank Malaysia Bhd, Genting Bhd, SLP Resources Bhd, Rubberex Corp Bhd and Malayan Banking Bhd.

Asian stocks dipped on Tuesday as the markets took a breather after the previous day's rally, although tech-inspired Wall Street gains helped limit the losses, with investor focus moving away from trade concerns and back to benign economic fundamentals, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 percent after surging 1.4 percent the previous day, it said.

JF Apex Securities Research in a market preview said US markets rose overnight with the Nasdaq hitting record high following gains in technology counters.

It said that earlier, European stocks also advanced on corporate news of potential mergers and acquisitions.

“On the local market, the FBM KLCI ended flat after shedding 1.21 points to 1755.17 points.

“Following the bullish performance in the US and Europe, the FBM KLCI is expected to climb towards its resistance of 1770 points,” it said.