KUALA LUMPUR (June 10): The FBM KLCI edged up in early traded althought gains were seen as limited given the lacklustre sentiment at regional markets.

At 9am, the FBM KLCI gained 1.89 points to 1,730.94.

The top gainers included United Plantations Bhd, British American Tobacco (M) Bhd, Petronas Dagangan Bhd, Genting Plantations Bhd, Hong Leong Financial Group Bhd, Wing Tai Malaysia Bhd, Kossan Rubber Industries Bhd, Seven Eleven Malaysia Bhd and AMMB Holdings Bhd.

Asian shares languished near three-month lows on Wednesday as the spectre of higher borrowing costs in the United States and concerns about the apparent lack of progress in talks between Greece and its creditors sapped confidence,according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1 percent in early trade after having slipped to a three-month low the previous day. Japan's Nikkei was up 0.4 percent, after big fall on Tuesday to three-week lows, it said.

JF Apex Securities in a market preview today said that US stocks ended mixed following higher bond yields and improved economic data in wholesale inventories and small business confidence suggests earlier interet rate hike.

Meanwhile, it said European markets closed lower amid slump in shares of HSBC and Deutsche Bank.

“On the local market, the FBM KLCI plunged 10.40 points to 1729.05 points.

“The index could trend lower after testing the support of 1730 points yesterday,” it said.