At 9.05am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 5.11 points at 1,577.58 from Monday's close of 1,582.69.
The index opened 2.75 points lower at 1,579.94.
It opened slightly lower due to continued profit-taking activity amid weak regional market performance.
On the broader market, investors saw losers outpacing gainers by 194 to 125, while 200 counters were unchanged, 1,729 untraded and 9 suspended.
Total turnover at 156.92 million units worth RM77.75 million.
Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the tensions of the Russia-Ukraine crisis continue to affect world and local markets.
The FBM KLCI is expected to face a bargain-hunting session in the near future after a significant selling session yesterday.
Heavyweights saw Maybank drop 3 sen at RM8.77, Public Bank down 2 sen at RM4.35, IHH Healthcare fell 4 sen at RM6.35 while Petronas Chemicals and CIMB Group added 3 sen at RM9.15 and RM5.60.
Active stocks saw Ta Win Holdings fall 0.5 sen at 17.5 sen, Dagang Nexchange (DNex) fell 4 sen at RM1.14 while Hibiscus Petroleum added 5 sen at RM1.18 and AHB rose 0.5 sen at 24 sen.
On the index board, FBM ACE retreated 28.68 points at 6,141.21, FBM Emas Shariah declined 43.42 points at 11,948.83, FBM Emas was down 35.48 points at 11,286.28, FBM 70 was down 62.26 points at 13,573.53 and FBMT 100 fell 38.77 points at 10,956.74.
In terms of sectors, the Products and Services Industry index declined 0.77 points at 207.76, the Financial Services index plunged 30.77 points at 16,384.07 and the Plantation index bloomed 11.32 points at 7,797.14.
