KUALA LUMPUR (June 17): The FBM KLCI reversed its earlier losses and clawed into positive territory at mid-morning today, lifted by select blue chips.

At 10.07am, the FBM KLCI rose 3.72 points to 1,618.62.

The top gainers included DanaInfra Nasional Bhd, British American Tobacco (M) Bhd, United Plantations Bhd, Nestle (M) Bhd, DKSH Holdings (Malaysia) Bhd, Genting Bhd, Lafarge Malaysia Bhd and PPB Group Bhd.

The actives included NetX Holdings Bhd, Sanichi Technology Bhd, AirAsia Bhd, China Automobile Parts Holdings Ltd, SapuraKencana Petroleum Bhd, AirAsia X Bhd and Comintel Corporation Bhd.

The decliners included Bursa Malaysia Bhd, Boustead Heavy Industries Corporation Bhd, Aeon Credit Service (M) Bhd, Petronas Dagangan Bhd, Top Glove Corporation Bhd, S P Setia Bhd and APM Automotive Holdings Bhd.

Asian shares rose on Friday, but remained on track for weekly losses in a week dominated by fears that British voters will opt to leave the European Union in next week's referendum, according to Reuters.

Campaigning for the upcoming vote, which overshadowed this week's central bank meetings, was temporarily halted after a British member of parliament was shot and fatally wounded on Thursday (June 16), it said.

Hong Leong IB Research said the local key benchmark index is expected to fall lower today on further selldown in oil prices overnight while investors remain cautious over the uncertainty surrounding the looming Brexit referendum on June 23.

"Technically speaking, the trend of the FBM KLCI continues to undergo a correction phase.

"The local benchmark index is likely to find strong supports near 1,614.14 and the psychological level of 1,600 before it could hit 1,580–1,575 territories," it said.