KUALA LUMPUR - Bursa Malaysia opened lower today, extending last week's sell-off on the back of various external and internal developments, a dealer said.
At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 6.72 points down at 1,663.56, after opening 6.01 points easier at 1,590.81.
A dealer said market sentiment was still poor amid the multi-year low Asian currencies, China-Japan currency war and an impending US rate hike.
"The benchmark index is expected to test the lower level with immediate support zone at 1,550 - 1,570," he added.
On the scoreboard, the FBM Emas Index fell 50.34 points to 10,915.58, the FBMT100 Index slipped 41.81 points to 10,651.62 and the FBM Emas Syariah Index eased 58.05 points to 11,327.30.
The FBM 70 was down 34.13 points to 11,739.14 and the FBM Ace depreciated 51.93 points to 5,402.45.
On a sectoral basis, the Plantation Index eased 32.66 points to 6,961.33, the Finance Index declined 49.34 points to 14,233.48 and the Industrial Index shed 5.84 points for 3,071.84.
Decliners led gainers 237 to 59, while 131 counters remained unchanged, 1,374 untraded and 12 others suspended.
Turnover stood at 106.67 million shares worth RM37.65