KUALA LUMPUR (Nov 21): The FBM KLCI fell 0.49% in early trade this morning, tracking the slide at most global markets.

At 9.05am, the FBM KLCI lost 7.85 points to 1,593.29.

The early losers included Nestle (M) Bhd, Public Bank Bhd, Amway Holdings (M) Bhd, Malaysian Pacific Industries Bhd, UMW Holdings Bhd, Sime Darby Plantations Bhd, RHB Bnk Bhd, Tenaga Nasional Bhd and CIMB Group Holdings Bhd.

Global shares slid on Thursday as a fresh row between Washington and Beijing over U.S. bills on Hong Kong could complicate their trade negotiation and delay a "phase one" deal that investors had initially hoped to be inked by now, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.16% while Japan's Nikkei dropped 0.25%, it said.

CGS-CIMB Retail Research said most Asia stocks, including local stocks, fell yesterday as Trump threatens higher tariffs if China doesn’t strike a deal.

“Given the overnight decline in Wall Street, local market may remain under pressure today.

“However, from the technical standpoint, as long the support trend line from 1,548 low remains intact, we expect the key index to work its way higher to test the 200-day EMA (currently at 1,633). Resistance: 1,620 & 1,633. Support: 1,590 & 1,577,” it said.