At 9.10am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.28 points at 1,525.45 from Thursday's close at 1,525.73.
The index opened 0.57 points at 1,526.30.
It initially opened higher before declining again following mixed sentiment in regional markets.
On the broader market, investors saw losers outpacing gainers by 202 to 107, while 216 counters were unchanged, 1,618 untraded and 23 suspended.
Total turnover at 243.9 million units worth RM135.1 million.
According to a note from Malacca Securities Sdn Bhd, the regional stock market remained weak following the sell -off in Wall Street due to the Meta Platform which recorded low earnings which also impacted the local market.
He added that investors may switch to risk-off mode and focus on banking and consumer stocks that have strong fundamentals.
Meanwhile, Singapore's Straits Times index rose 0.08% at 3,318.14 and Hong Kong's Hang Seng index rose 2.48% at 24,392.86 while Japan's Nikkei 225 was down 0.04% at 27,230.77.
Heavyweights saw Malayan Banking Bhd (Maybank) fall 1 sen to RM8.31, Public Bank Bhd was flat at RM4.23, Press Metal Aluminum Holdings Bhd rose 7 sen to RM6.17 and Petronas Chemicals Group Bhd (Petchem) fell 1.5 sen at RM8.87.
Active stocks saw Dagang NeXchange Bhd (DNeX) rise 3 sen at RM1.01, AHB Holdings Bhd remained at 14 sen and Bumi Armada Bhd gained 1.5 sen at 56.5 sen.
On the index board, FBM ACE advanced 4.85 points at 6,130.77, FBM Emas added 4.84 points at 10,968.25 and FBM Emas Shariah reached 2.71 points at 11,668.46 while FBM 70 declined 17.20 points at 13,451.29 and FBMT 100 declined 0.66 points at 10,656.49.
The Financial Services Index scored 2.1 points at 15,802.05, the Products and Services Industry index reached 0.1 points at 201.81 and the Malay Plantation index 10.96 points at 6,564.59.
