KUALA LUMPUR: The FBM KLCI declined on Monday morning even as investors flocked to regional markets, amid optimism over a delay in President Donald Trump's reciprocal tariffs.
At 12.30pm, the local benchmark was down 7.47 points to 1,584.13 as foreign funds continued to exit the market.
There were 663 decliners compared to 265 gainers on the broader market after 1.85 billion shares changed hands for RM962.06mil.
Notable laggards on the domestic market included Heineken falling 40 sen ot RM27.20, Sunway Construction dropping 23 sen to RM4.15 and PETRONAS Dangangan shedding 20 sen to RM19.58.
RichTech stood out in morning trade as it made its debut on the ACE Market to a strong reception.
While the share put on a whopping 50 sen or 200% at the opening bell, the gains moderated over the course of the early session. Entering the lunch break, the share was up 9.5 sen to 34.5 sen.
Of actives, Ingenieur was up 0.5 sen to 5.5 sen, Harvest Miracle gained 0.5 se not 15.5 sen and Dialog dropped one sen to RM1.56.
In key Asian markets, China's composite index was up 0.06% to 3,348 while Hong Kong's Hang Seng gained 0.18% to 22,661.
Singapore's Straits Times added 0.46% to 3,896 and Japan's Nikkei climbed 0.17% to 39,217.
