KLCI +0.1% In Thin Trade; 1533-1550 Range Eyed

 The KLCI is 0.1% higher at 1542.40 in thin early trade. A local dealer says gains are driven by finance stocks in anticipation of strong 1Q earnings and M&A expectations while construction plays are also higher on hopes of more contracts after state oil firm Petronas says it's planning a $20 billion oil complex in southern Johor state. "The market is quite mixed...we don't think there'll be so much interest today and the index may be rangebound due to the holiday tomorrow," the dealer says. He tips resistance at 1550 and support at 1533. Market breadth is marginally positive with 133 advancers against 128 decliners. Among gainers, Maybank is up 0.9% at MYR8.93, Maxis (6012.KU) is up 3.7% at MYR5.67 and SP Setia (8664.ku) is up 4.4% at MYR4.26. Among decliners, Supermax (7106.KU) is down 1.8% at MYR3.89 and Genting (3182.KU) is down 0.4% at MYR11.36.