Share prices on Bursa Malaysia edged lower in early trade today as the market lost its momentum after yesterday's gains.
Dealers said losses on Wall Street overnight also influenced market sentiment.
At 9.19am, the FTSE Bursa Malaysia Kuala Lumpur Composite Index which opened 0.49 of a point lower at 1,339.58, eased 1.40 points to 1,338.67.
The Finance Index declined 13.271 points to 1,2062.88 while the Industrial Index was down 0.80 of a point at 2,776.82. The Plantation Index increased 0.84 of a point to 6,496.66.
The FBM Emas Index eased 6.81 points to 9,088.62 and the FBM70 advanced 0.67 of a point to 9,080.42. The FBM Ace Index declined 0.44 of a point to 4,213.37.
Decliners outpaced advancers by 91 to 86 while 148 counters were unchanged, 1,040 untraded and 26 others suspended. Total volume was 93.1 million shares worth RM36.9 million.
Among active stocks, Talam Corporation was flat at 16.5 sen, Tejari Technologies rose three sen to 28 sen, KNM Group declined one sen to 57.5 sen and Daya Materials gained 1.5 sen to 27.5 sen.
Among heavyweights, Sime Darby declined three sen to RM8.75, Maybank was flat at RM7.48, CIMB Group Holdings declined four sen to RM14.26 and Maxis dipped one sen to RM5.30. -- Bernama