Bursa Malaysia began trading early in the week with a weak opening, rebounding from last session's gains after profit-taking filled the market.
At 9am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 2.30 points at 1,503.89 from Friday's close of 1,506.19.
The index opened 0.23 points stronger at 1,506.42.
In the broader market, losers at 194 outpaced gainers at 165, while 314 counters were unchanged, 1,604 untraded and 18 suspended.
Total revenue at 308.34 million units worth RM169.91 million.
Rakuten Trade Vice President Thong Pak Leng commented, KLCI is expected to remain in the upward momentum to be in the range of 1,510-1,520.
In addition, the firm predicts that shares of telecommunication companies that have been underperforming have reached maturity to become investors' prey.
Heavyweight stocks saw Malayan Banking Bhd (Maybank) remain at RM8.97, Public Bank Bhd fell 1 sen to RM4.64 and CIMB also fell 1 sen to RM5.42, IHH Healthcare Bhd fell 5 sen to RM6.44 while Petronas Chemicals Group Bhd rose 2 sen to RM8.82.
Active shares saw Sapura Energy Bhd remain at 5.5 sen and Top Glove Corp Bhd fell 3.5 sen to 8.2 sen while SP Tech Holdings Bhd added 1 sen to RM1.21 and AwanBiru Technology Bhd jumped 2 sen to 41.5 sen.
On the index board, the FBM Emas index decreased by 8.02 points at 10,675.16, the FBMT 100 index decreased by 13.06 points at 10,414.55, the FBM Emas Shariah index decreased by 5.27 points at 10,785.06 and the FBM 70 lost 4.31 points at 12,757.08 while the FBM ACE increased by 13.66 points at 4,950.40.
In terms of sectors, the Financial Services index decreased by 11.65 points at 16,815.96, the Plantation index decreased by 21.34 points at 7,175.47 while the Energy index decreased by 1.29 points at 661.83 and the Products and Services index gained 0.25 points at 184.92.
