Bursa Malaysia started the week trading on a negative note, extending last week's losing session with volatile sentiment dominating the market keeping investors cautious.
At 9am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.3 points at 1,501.25 from Friday's close of 1,501.58.
The index opened up 0.03 points at 1,505.07.
In the broader market, losers at 131 outnumbered gainers at 112, while 189 counters were unchanged, 1,826 untraded and 8 suspended.
Total revenue at 104.09 million units worth RM34.27 million.
Commenting, Rakuten Trade Vice President Thong Pak Leng market sentiment is clouded by concerns after Wall Street closed mixed due to the expectation of an aggressive rate hike by the United States (US) Federal Reserve (Fed).
The streak, the firm predicts the index hovering at 1,490-1,505 today.
Heavyweight stocks saw Public Bank Bhd add 1 sen to RM4.64 and Petronas Chemicals Group Bhd reach 5 sen to RM8.85 while Malayan Banking Bhd (Maybank), IHH Healthcare Bhd and CIMB Group Holdings Bhd remained at RM8.89, RM6. 43 and RM5.25.
Active shares showed Green Packet Bhd up 1 sen at 6 sen and Unique Fire Holdings Bhd jumped 1 sen at 23.5 sen, Zen Tech International Bhd remained at 3.5 sen and Dagang NeXchange Bhd (DNeX) added 0.5 sen at 88 sen.
On the index board, the FBM Emas index decreased by 1.04 points at 10,658.41, the FBMT 100 index fell by 1.35 points at 10,404.33, the FBM Emas Shariah index decreased by 8.8 points at 10,821.2 and the FBM ACE weakened by 32.15 points at 4,841.88 while the FBM 70 added 1.14 points at 12,776.8.
In terms of sectors, the Financial Services index added 4.9 points to 16,635.23 and the Energy index rose 2.49 points to 655.52 while the Products and Services index decreased 0.3 points to 183.68 and the Plantation index weakened 0.13 points to 7,125.14.
