The enjoyment of 'greening' the local stock market yesterday was marred by the weak performance of Wall Street this morning.
At the opening, the FBM KLCI index started 0.38 points at 1,414.72 before falling 1.20 points at 1,413.90 compared to yesterday's close at 1,415.10.
In the broader market, losses at 190 outpaced gains at 181, while 243 counters were unchanged, 1,699 untraded and 18 suspended.
Total revenue at 218.68 million units worth RM117.78 million.
According to Rakuten Trade Sdn Bhd's note, the local exchange is expected to trade weakly due to the lack of new catalysts as well as the impact of the predicted rate hike in the United States (US).
Based on these factors, the KLCI is predicted to hover in the range of 1,395 to 1,420 with technology stocks likely to be selling options.
Heavyweight stocks saw CIMB Group Holdings Bhd add 1 sen to RM5.40, Tenaga Nasional Bhd (TNB) up 4 sen to RM8.18, Maybank and Public Bank Bhd down 1 sen to RM8.54 and RM4.33, Petronas Chemicals Group Bhd was down 5 sen at RM8.58 and IHH Healthcare Bhd was down 7 sen at RM6.03.
Active stocks showed Velesto Energy Bhd up 0.5 sen at 12 sen, Jaya Tiasa Holdings Bhd gained 4.5 sen at 59.5 sen, Vinvest Capital Holdings Bhd remained at 20 sen and Top Glove Corp Bhd fell 2 sen at 70.5 sen while Careplus Group Bhd and Supermax Corp Bhd fell 1 sen at 39.5 sen and 83.5 sen.
On the index board, FBM Emas fell 1.32 points at 10,042.65, FBM 70 advanced 16.71 points at 11,974.33, FBMT 100 fell 3.18 points at 9,787.54, FBM Emas Shariah fell 2.62 points at 10,042.32 and FBM ACE lost 16.82 points at 4,708.13.
In terms of sectors, the Financial Services index decreased by 7.40 points at 16,170.58, the Products and Services index fell by 0.83 points at 171.62, the Plantation index rose by 52.32 points at 6,730.44 and the Energy index added 5.90 points at 669.34.
