At 9am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 7.94 points at 1,575.04 from Thursday's close of 1,582.98.
The index opened 8.83 points weak at 1,574.15.
It opened in red territory after tracking a decline on Wall Street when a mega sell -off following the 10 -year yield of the United States (US) jumped to 3.0%.
On the broader market, investors saw losers at 435 outpacing gainers at 55, while 156 counters were unchanged, 1,592 untraded and 16 suspended.
Total turnover at 180.54 million units worth RM103.91 million.
Rakuten Trade Sdn Bhd's vice president of equity research, Thong Pak Leng, noted that regional markets were receiving a boost from the sharp decline on Wall Street.
Therefore, he thinks the KLCI may be at 1,570-1,585 today.
Heavyweights saw Malayan Banking Bhd (Maybank) remain at RM8.99, Public Bank Bhd and CIMB Group Holdings Bhd lost 1 sen at RM4.62 and RM5.10, Petronas Chemicals Group Bhd declined 12 sen at RM10.18 and IHH Healthcare Bhd dropped 2 sen to RM6.58.
Active stocks saw PUC Bhd recover 0.5 sen at 6.5 sen, Muhibbah Engineering (M) Bhd added 4 sen at 56.5 sen while Bintai Kinden Corp Bhd, PDZ Holdings and Saudee Group remained at 12.5 sen, 4.5 sen and 5.5 sen.
On the index board, FBM ACE declined 49.06 points at 5,525.50, FBM 70 declined 125.14 points at 13,498.41, FBM Emas index declined 69.86 points at 11,279.90, FBMT 100 index shrank 65.87 points at 10,933.64 and FBM Emas Shariah index declined 8,83.23. points.
In terms of sector, the Financial Services index declined 60.51 points at 16,650.81, the Products and Services Industry index weakened 1.53 points at 207.26 and the Plantation index declined 106.11 points at 8,657.83.
