KUALA LUMPUR (July 8): The FBM KLCI dipped at mid-morning to extend its consolidation phase in muted post Hari Raya trading, with investors remaining on the sideline given the festive holiday period.

At 10.01am, the FBM KLCI fell 2.63 points to 1,648.08.

The top losers included Petronas Gas Bhd, PPB Group Bhd, Amway Holdings (M) Bhd, Malaysian Pacific Industries Bhd, Kawan Food Bhd, Bursa Malaysia Bhd and Malaysia Smelting Corp Bhd.

The actives included Borneo Oil Bhd, AirAsia X Bhd, Vivocom International Holdings Bhd, Sanichi Technology Bhd, TH Heavy Engineering Bhd, AirAsia Bhd and Seven Eleven Malaysia Holdings Bhd.

The gainers included Fraser & Neave Holdings Bhd, Carlsberg Brewery (M) Holdings Bhd, British American Tobacco (M) Bhd, Hong Leong Bank Bhd, JHM Consolidation  Bhd and Unisem (M) Bhd.

Asian shares were steady in early Friday trade as investors brace for U.S. jobs data to see if the world's no. 1 economy is resilient enough to weather the fallout from the Brexit vote, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan were down 0.1 percent while Japan's Nikkei was up 0.5 percent, it said.

Hong Leong IB Research said that after staging strong comeback in the last few sessions, most major markets have returned to the pre-Brexit levels amid hopes for stimulus from global policymakers to limit Brexit fallout.

“However, we still expect global markets to remain volatile for a while as profit taking may emerge after recent sharp relief rallies as investors grapple with Brexit domino impact, anemic global economic growth, rising terrorism risks and the prospects of potential EU shake-up.

“Today, we still expect the FBM KLCI to consolidate its recent gains and trade within a range of 1645-1655 on extended Raya holidays mood,” it said.