At 5 pm, the benchmark index climbed 3.29 points to end the day at 1,440.81 from Monday’s close of 1,437.52.

The benchmark index, which opened 4.35 points higher at 1,441.87, moved between 1,435.58 and 1,444.67 throughout the day.

The overall market breadth was negative with losers outnumbering gainers 423 to 373, while 438 counters were unchanged and 995 untraded.

Total turnover increased to 1.99 billion units valued at RM1.21 billion from Monday’s 1.74 billion units valued at RM1.08 billion.

Rakuten Trade vice-president of equity research Thong Pak Leng said investors seemed reluctant to make more significant moves due to the absence of buying catalysts as the market undertone remains jittery amid the heightened global market risks and volatility.

“Nevertheless, we believe the market remains oversold, hence providing opportunities for investors to accumulate stocks at attractive levels, given their cheaper valuations.

“As such, we anticipate the index to trend within the range of 1,430-1,460 for the rest of the week, with immediate support at 1,430 and resistance at 1,465,” he told Bernama.

Bursa heavyweights Maybank rose one sen to RM8.61, Public Bank and CIMB gained two sen each to RM4.41 and RM5.05, respectively, Petronas Chemicals was flat at RM9.12, IHH Healthcare fell three sen to RM6.40 and Petronas Gas eased eight sen to RM16.32.

Of the actives, ACE-market debutant Orgabio advanced three sen to 34 sen, Nexgram and Reach Energy were flat at one sen and five sen, respectively, Top Glove shed three sen to 94.5 sen and NWP Holdings edged down half-a-sen to 27 sen.

Sector-wise, the Financial Services Index went up 44.37 points to 16,084.18, the Industrial Products and Services Index added almost one point to 180.95, and the Plantation Index slid 75.21 points to 6,815.38.