KUALA LUMPUR (Oct 17): The FBM KLCI turned lower at mid-morning today in line with the dip at most regional markets.

At 10.05am, the FBM KLCI dipped 0.95 points to 1,658.02.

The decliners included Ajinomoto (M) Bhd, DKSH Holdings (M) Bhd, Aeon Credit Service (M) Bhd, Sime Darby Bhd, Nestle (M) Bhd, Petronas Dagangan Bhd, Top Glove Corp Bhd and KLCC Property Holdings Bhd.

The actives included AT Systematization Bhd, Perak Transit Bhd, Melewar Industrial Group Bhd, Hibiscus Petroleum Bhd, Perisai Petroleum Teknologi Bhd, TH Heavy Engineering Bhd and Sinotop Holdings Bhd.

The gainers included British American Tobacco (M) Bhd, Apollo Food Holdings Bhd, Lafarge Malaysia Bhd, Panasonic Manufacturing Malaysia Bhd and Lii Hen Industries Bhd.

Asian shares dipped on Monday while the dollar held firm near seven-month high against a basket of major currencies after comments from Federal Reserve Chair Janet Yellen boosted long-dated US bond yields, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2% in early trade while Japan's Nikkei rose 0.2%, it said.

Hong Leong IB Research said that with the US Dec Fed rate hike probability largely priced in (Bloomberg poll: 68%), the FBM KLCI is likely to lock in range bound consolidation mode within 1,640–1,670 levels this week, awaiting major outcomes from the upcoming Budget 2017 (Oct 21) and the US Presidential election (Nov 8).