The negative performance of Wall Street despite the negative sentiment of the broader market is seen to continue to affect Bursa Malaysia for a weak opening at the beginning of the week.

According to Rakuten Trade Sdn Bhd's analyst, the KLCI is expected to make a rebound as it is in overbought territory with the expected trend being in the range of 1,420 to 1,435 today.

In addition, bargain-hunting activities are predicted to appear in the technology and telecommunications sectors based on the sales session last Friday.

Meanwhile, the FTSE KLCI index (FBM KLCI) was down 5.71 points at 1,419.27 from Friday's close of 1,424.98 with a weak opening of 1.15 points at 1,423.83.

In the broader market, losses at 294 outpaced gains at 69, while 194 counters were unchanged, 1,840 untraded and 9 suspended.

Total revenue at 154.4 million units worth RM54.99 million.

Heavyweight stocks saw Petronas Gas Bhd rise 12 sen at RM16.54, MISC Bhd remained at RM6.94.

Maybank and Tenaga Nasional Bhd (TNB) lost 2 sen at RM8.67 and RM8.68 while Public Bank Bhd and CIMB Group Holdings Bhd lost 1 sen at RM4.33 and RM5.38 while Petronas Chemicals Group Bhd lost 7 sen at RM8. 28 and Hong Leong Bank Bhd was down 18 sen at RM20.50.

Active shares saw Aimflex Bhd up 0.5 sen at 15.5 sen and HB Global Ltd added 1.5 sen at 12 sen while MAG Holdings Bhd remained at 17.5 sen, MQ Technology Bhd and Velesto Energy Bhd were down 0.5 sen at 3 sen and 12.5 sen.

On the index board, FBM Emas lost 35.65 points at 10,161.73, FBM 70 lost 59.78 points at 12,372.01, FBMT 100 lost 41.70 points at 9,891.92, FBM Emas Shariah Index fell 42.20 points at 10,196.0 and FBM ACE lost 45.98 points at 4,720.65.

In terms of sectors, the Energy index fell 15.68 points to 696.96, the Plantation index fell 2.72 points to 6,761.99, the Financial Services index contracted 36.64 points to 16,231.93 and the Products and Services index fell 1.55 points to 170.65.