KUALA LUMPUR (June 24): The FBM KLCI fell 0.33% at mid-morning as carnage came to global markets as the UK referendum on whether to remain in the European Union (EU) remained divided and too close to call.

At 10am the FBM KLCI fell 5.39 points to 1,634.59.

The top losers included SCGM Bhd, Tenaga Nasional Bhd, Lafarge Malaysia Bhd, Hong Leong Financial Group Bhd, Kuala Lumpur Kepong Bhd, KESM Industries Bhd, Chin Teck Plantations Bhd, Heineken Malaysia Bhd and Southern Acids (M) Bhd.

The actives included Vivocom International Holdings Bhd, Karambunai Corp Bhd, AirAsia Bhd, O&C Resources Bhd, Bumi Armada Bhd and AirAsia X Bhd.

The gainers included British American Tobacco (M) Bhd, P.I.E. Industrial Bhd, Nestle (M) Bhd, Apollo Food Holdings Bhd, Versatile Creative Bhd, Hong Leong Industries Bhd and Kossan Rubber Industries Bhd.

Carnage came to world markets on Friday as early voting returns suggested Britain was on the verge of leaving the EU, threatening the existent of the entire bloc and its single currency, according to Reuters.

The British pound collapsed over 5% against the US dollar at one stage in wild trade, its biggest fall in living memory, while the euro slid 1.5% as investors feared for its future, it said.

Hong Leong IB Research said that in tandem with overnight strong rallies in Dow and European markets coupled with crude oil prices, the FBM KLCI may continue its rebound for the fifth straight session.

"Should the final outcome favour 'Bremain', a relief rally could ensue in the coming days towards 1,663–1,685 zones.

"Formidable resistance is 1,700. Short-term supports are 1,640–1,650 while supports fall on 1,613–1,630," it said.