KUALA LUMPUR (June 14): The FBM KLCI opened lower this morning in line with the weaker sentiment at most regional markets.

At 9am, the FBM KLCI shed 0.32 points to 1,629.45.

The top losers included PPB Group Bhd, Westports Holdings Bhd, Tenaga Nasional Bhd, IJM Corporation Bhd, Malaysia Airports Holdings Bhd, SapuraKencana Petroleum Bhd, Lii Hen Industries Bhd and Supermax Corporation Bhd.

Asian stocks slipped on Tuesday amid growing worries this month's referendum in Britain could see it exit the European Union, while markets were also nervous ahead of the US Federal Reserve's two-day meeting that begins later in the day, according to Reuters.

The pound and euro have suffered in recent sessions as economists fear that the so-called Brexit would tip Europe back into recession. Voters appear divided ahead of the June 23 referendum, with the "Out" campaign widening its lead over the "In" camp, according to two opinion polls published by ICM on Monday, it said.

JF Apex Securities Research in a market preview today said that US markets tumbled (yesterday) on concerns of Brexit and Federal Reserve meeting later today.

It said that similarly, European stocks plunged over 1% on fears of Brexit with the UK set to vote on June 23.

“On the local market, the FBM KLCI dropped 11.45 points to 1,629.77 points.

“Following the bearish performance in the US and Europe, the FBM KLCI could decline further with support at 1,610 points,” it said.