At 9.35am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 2.90 points at 1,552.43 from Friday's close of 1,555.33.
The index opened 1.53 points at 1,553.80.
It opened lower due to a lack of new catalysts.
On the broader market, investors saw losers outnumber gainers by 317 to 194, while 328 counters were unchanged, 1,413 untraded and 20 suspended.
Total turnover at 539.83 million units worth RM296.93 million.
A note issued by Malacca Securities Sdn Bhd said technology stocks are expected to make a technical rebound in the near term following the Nasdaq's modest rebound on Friday.
He added that investors are focusing on China's economic data for the 4th quarter of 2021 economic growth and the unemployment rate that will be released on Monday as well as the Bank Negara Malaysia (BNM) interest rate this week.
In the commodity sector, crude palm oil prices fell below RM5,000 while crude oil prices extended gains.
Heavyweights saw Public Bank Bhd and CIMB Group Holdings Bhd add 1 sen at RM4.21 and RM5.55, Tenaga Nasional Bhd (TNB) rose 3 sen at RM9.07 while Malayan Banking Bhd (Maybank) fell 2 sen at RM8. 44, Petronas Chemicals Bhd (Petchem) was down 3 sen at RM9.06 and IHH Healthcare was down 4 sen at MR6.54.
Active stocks saw Kanger International Bhd up 0.5 sen at 2.5 sen, Avillion Bhd was flat at 10.5 sen while SMTrack Bhd was down 2 sen at 27 sen, AirAsia Group Bhd was down 2.5 sen at 59.5 sen and MQ Technologu Bhd was down 0.5 sen at 7.5 sen .
On the index board, the FBM Emas index was down 19.0 points at 11,159.52, the FBM Emas Shariah was down 24.90 points at 11,855.91.42, the FBM 70 was down 16.97 points at 13,835.60, the FBMT 100 budding index was 18.70 points at 10,866.95 and the FBM ACE lost 34.27 points at 6,245.36.
The Products and Services Industry Index declined 0.53 points at 202.43, the Financial Services index declined 15.27 points at 16,136.81 while the Malay Plantation index 26.29 points at 6,735.26.
