A dismal performance plagued local bourses on Tuesday amid a lack of catalyst to move markets.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.47 points to 1,399.46 compared to 1,404.93 when it closed on Monday.
However, the barometer index opened 1.11 points higher at 1,406.04, and retreated thereafter.
Stocks lost ground following the Wall Street market close on Monday while Chinese markets were hit by disappointing industrial gains.
Overall, the market's broad movement remained negative with losers outnumbering gainers by 186 to 128, while 225 counters were unchanged, 1,725 were untraded and 60 others suspended.
Markets have yet to see a clear reaction from the resolution on the US debt ceiling as Wall Street markets are still closed after a long weekend.
On Bursa, heavyweight Press Metal saw a drop of 12 sen to RM4.78, CelcomDigi lost 6 sen to RM4.50, Tenaga Nasional fell 11 sen to RM9.64, IOI lost 7 sen to RM3.88 and Public Bank dropped 2 sen. at RM3.87.
Meanwhile, Cloudpoint which is included in the active shares traded unchanged at 51.5 sen, followed by Nexchange Trading at 39 sen and Meta Bright at 17.5 sen.
In terms of sectors, the Financial Services index continued to be gloomy with a drop of 10.96 points to 15,286.32, the Industrial Products and Services index fell 0.83 points to 163.70 and the Plantation index fell 35.70 to 6,758.71.
The Energy Index lost 2.25 points to 811.62.
On the other hand, the Malaysian ringgit remained gloomy at its lowest level against the US dollar, trading at around RM4.60.
