At 9am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 2.32 points at 1,602.40 from Wednesday's close of 1,604.72.
The index opened 0.79 points strong at 1,605.51.
It opened slightly higher before retreating after tracking weak performance in global markets when the United States (FOMC) Federal Open Market Committee (FOMC) confirmed its hawkish stance in its latest meeting minutes.
On the broader market, investors saw losers outpacing gainers by 226 to 120, while 230 counters were unchanged, 1,660 untraded and 16 suspended.
Total turnover at 124.98 million units worth RM66.11 million.
Malacca Securities Sdn Bhd's note stated that based on Wall Street's negative performance overnight, they expect profit -taking activity to emerge on the local bourse, especially in the technology sector.
In addition, they also expect the recovery -themed sector to remain positive with the current situation after the reopening of the border.
Heavyweights saw Malayan Banking Bhd (Maybank) fall 4 sen at RM8.85, Public Bank Bhd down 1 sen at RM4.70 and CIMB Group Holdings Bhd fell 2 sen at RM5.28 while Petronas Chemicals Group Bhd rose 11 sen at RM10 .10 and IHH Healthcare Bhd reached 6 sen at RM6.45.
Active stocks saw Dagang NeXchange Bhd (DNeX) fall 2 sen to RM1.08, Tanco Holdings Bhd and Malaysia Building Society Bhd (MBSB) rose 0.5 sen to 40.5 sen and 64.5 sen while Techna-X Bhd and TWL Holdings Bhd remained at 8.5 sen.
On the index board, the FBMT 100 index decreased 21.39 points at 11,180.22, the FBM Emas index weakened 23.17 points at 11,526.87, the FBM Emas Shariah index decreased 23.12 points to 12,176.29, the FBM 70 plunged 47.89 points at 14,033.76 and the FBM ACE declined 26.15 points at 5,844.13.
In terms of sector, the Financial Services index declined 37.73 points at 16,758.02 and the Plantation index lost 16.87 points at 8,300.67 while the Products and Services Industry index expanded 0.20 points at 211.83.
