Bursa Malaysia started the second trading session of the week with an 'okay-okay' opening as cautious sentiment filled the market after Wall Street ended weak.
At 9am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.07 points at 1,501.50 from Monday's close of 1,501.57.
The index opened up 0.79 points at 1,500.78.
In the broader market, gainers at 148 outpaced losers at 119, while 184 counters were unchanged, 1,881 untraded and 53 suspended.
Total revenue at 153.77 million units worth RM60.59 million.
Nota Malacca Securities Sdn Bhd comments, market sentiment remains cautious as the Federal Reserve (Fed) continues to be hawkish in its implementation of interest rate hikes.
Meanwhile, the local market is expecting an increase in the overnight policy rate (OPR) after the July inflation reading rose to a 14-month high yesterday.
Heavyweight stocks saw Malayan Banking Bhd (Maybank) down 2 sen at RM8.92 and CIMB down 2 sen at RM5.38, IHH Healthcare Bhd down 3 sen at RM6.31, Public Bank Bhd added 1 sen at RM4.64 and Petronas Chemicals Group Bhd rose 9 sen to RM8.99.
Active stocks saw Vortex Consolidated Bhd gain 1 sen at 19 sen and Bumi Armada Bhd gain 1 sen at 42.5 sen, Dagang NeXchange Bhd (DNeX) jumped 1.5 sen at 86.5 sen and Agmo Holdings Bhd added 1 sen at 93.5 sen while AHB Holdings Bhd remained flat. at 13 cents.
On the index board, the FBM Emas index increased by 15.08 points at 10,640.58, the FBMT 100 index added 14.13 points at 10,391.0, the FBM 70 increased by 76.27 points at 12,699.93, the FBM ACE increased by 17.09 points at 4,898.89 and the FBM Emas Shariah Index increased by 30.23 points at 10,57.76.
In terms of sectors, the Plantation index added 0.70 points to 7,107.07, the Products and Services index jumped 0.75 points to 183.67 and the Energy index rose 11.47 points to 734.57 while the Financial Services index decreased 17.23 points to 16,705.16.
