KUALA LUMPUR (Oct 31): The FBM KLCI extended its gains at mid-morning on Friday, looking poised to cap October on a positive note in line with the uptick at regional markets.

At 10.05am, the FBM KLCI gained 3.81 points to 1,846.59.

The top gainers included BAT, LPI Capital, Allianz, PPB, Tasek, Press Metal, Hong Leong Industries and KLCC.

Dagang Nexchange was the most actively traded counter with 98.25 million shares done, The stock ros e4.05% or 1.5 sen to 38.5 sen.

The other actives included Flonic, MUI Industries, Century Software, IFCA MSC, Berjaya Corp, Tek Seng, Sanichi and TMC Life.

The decliners included IJM Corp, Takaful, Cepco, Eco World, Advance Packaging, Scientex, Perduren, Caring Pharmacy and Uzma.

Regionally, Asian shares ticked higher on Friday on Wall Street's cheer after upbeat U.S. growth data, while the dollar traded around four-week highs against the yen as investors awaited the outcome of the Bank of Japan's monetary policy meeting, acording to Reuters.

The BOJ is widely expected to maintain its massive asset buying programme and its upbeat forecast that inflation will hit its 2 percent target next year, suggesting no further stimulus is on the horizon. The policy decision is expected around 0230-0330 GMT, it said.

JF Apex Securities Research said U.S. stocks jumped overnight with Visa helping lift the Dow industrials into the green for October, after data showed the U.S. economy grew more than expected last quarter.

Similarly, European stocks ended the day higher after a bumpy day of trading, as investors pondered the U.S. Federal Reserve's next move, it said.

“On the local exchange, the FBM KLCI added 3.23 points to 1842.78 points.

“Following the bullish performance in the US, we expect the FBM KLCI to extend its gains and test the resistance of 1850 points,” it said.