KUALA LUMPUR (July 1): The FBM KLCI fell 1.17 points or 0.1% as investors took profit after the index's recent gains as the immediate impact of the UK's European Union exit (Brexit) decision ebbed.

At 9:03am, the KLCI was traded at 1,652.91 points. Yesterday, the KLCI rose 11.87 points or 0.7% to close at 1,654.08 points.

Today, TA Securities Holdings Bhd wrote in a note : "While blue chips are likely to encounter post window-dressing profit taking as trading begins for the second half, hopes for stimulus to counter uncertainties over Britain's economic future outside the European Union should cushion downside."

Bursa Malaysia saw some 60 million shares worth RM13 million changing hands. There were 71 gainers versus 63 decliners.

Top gainer was Nestle (M) Bhd while leading decliner was PPB Group Bhd. The most-active stock was Borneo Oil Bhd. 

Across Asian share markets, Japan's Nikkei 225 and South Korea's Kospi each rose 0.8% while Australia's S&P/ASX200 was up 0.68%.

Reuters reported that Asian stocks rose on Friday as global riskier assets continued to recover from last week's Brexit shock, while the pound came under renewed pressure after the Bank of England's governor hinted of an interest rate cut ahead.