Reflecting Wall Street's weak performance overnight, Bursa Malaysia appeared to move weakly over the weekend.
At the opening, the FBM KLCI index started 2.33 points at 1,435.39 before falling 2.57 points at 1,435.15 compared to yesterday's closing at 1,437.72.
In the broader market, losses at 164 outpaced gains at 156, while 926 counters were unchanged, 1,116 untraded and 19 suspended.
Total revenue at 2.92 million units worth RM2.68 million.
According to a note by Malacca Securities Sdn Bhd, the local market is expected to move flat with various global inputs such as the hawkish tone of the Federal Reserve (Fed) and the resignation of the British Prime Minister contaminating sentiment.
In addition, local investors are also seen moving cautiously ahead of the 15th General Election with political-related counters being the focus.
Heavyweight stocks saw CIMB Group Holdings Bhd add 1 sen to RM5.51, MISC Bhd advanced 7 sen to RM7.13, Maybank and Tenaga Nasional Bhd (TNB) remained at RM8.60 and RM8.23 while Public Bank Bhd and Petronas Chemicals Group Bhd fell 5 sen to RM4.39 and RM8.85.
Active shares saw Careplus Group Bhd and Eduspec Holdings Bhd gain 0.5 sen at 44.5 sen and 2 sen, Top Glove Corp Bhd remained at 73.5 sen while Serba Dinamik Holdings Bhd and Borneo Oil Bhd lost 0.5 sen at 2.5 sen and 2 sen.
On the index board, FBM Emas fell 7.28 points at 10,162.52, the FBM 70 advanced 35.06 points at 12,028.09, FBMT 100 fell 6.95 points at 9,910.52, FBM Emas Shariah added 0.38 points at 10,164.09 and FBM ACE lost 5.82 points at 4,777.30.
In terms of sectors, the Financial Services index decreased by 36.91 points at 16,349.96, the Products and Services index increased by 0.10 points at 174.49, the Plantation index decreased by 44.0 points at 6,795.65 and the Energy index decreased by 3.87 points at 679.41.
