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KLCI to edge higher, gains seen capped

Mimi Sabreena 8:24:00 AM Informasi

KUALA LUMPUR (Sept 7): The FBM KLCI is expected to edge higher this morning in line with the overnight advance at Wall Street but gains are seen capped as local investor sentiment stays wary.

U.S. shares rose on Wednesday and the dollar gained against the safe-haven Japanese yen as upbeat news out of Washington helped mitigate investors' concerns about North Korea's nuclear weapons tests and a major hurricane barreling towards Puerto Rico and Florida, according to Reuters.

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