KUALA LUMPUR (April 14): The FBM KLCI pared some of its gains at mid-morning today in line with the lacklustre sentiment at most global markets.

At 10.05am, the FBM KLCI was up 2.82 points to 1,844.90. The index had earlier risen to 1,846.31.

New ACE Market listing Bioalpha Holdings Bhd made an impressive debut and soared more than 50% before easing to about 32% at mid-morning.

The top gainers included MISC Bhd, Carlsberg Brewery (M) Bhd, Shell Refining Company (Federation of Malaya) Bhd, Tasek Corporation Bhd. Telekom Malaysia Bhd and Bioalpha.

Bioalpha was teh most actively trade stock and was up 32.5% or 6.5 sen to 26.5 sen with 84.47 million shares done.

The other actives included Frontken Corporation Bhd, Systech Bhd, Kanger International Bhd, Xinghe Holdings Bhd, Privasia Technology Bhd and Ingenuity Consolidated Bhd.

The top decliners included United Plantations Bhd, Syarikate Takaful Malaysia Bhd, Hong Leong Financial Group Bhd, Scientex Bhd, Guiness Anchor Bhd, Westports Holdings Bhd and Bursa Malaysia Bhd.

Asian share markets got off to a hesitant start on Tuesday as Singapore disappointed expectations of policy easing while Wall Street was weighed down by worries over the corporate earnings season, according to Reuters.

The Monetary Authority of Singapore (MAS) kept its policy unchanged, contrary to the expectation of majority of 25 analysts polled by Reuters. The central bank's announcement lifted the local dollar, it said.

JF Apex Research said US stocks retreated after a 3-day rally as investors remain cautious on the quarterly results season. Meanwhile, it said European markets were mixed with mining stocks falling after China's March exports declined.

"On the local front, the FBM KLCI dropped 2.23 points to 1842.08 points. We expect further correction until its support of 1830 points with no catalyst in sight," it said.