KUALA LUMPUR: Bursa Malaysia was able to pare early losses supported by last-minute buying activities on commodity related stocks.
At 5pm, FTSE Bursa Malaysia KLCI was up 2.41 points or 0.17 per cent to close at 1,446.54.
The key index opened at 1,443.23 and moved between 1,441.06 and 1,446.54 levels throughout the day.
The broader market was negative as losers led gainers 615 to 265 while 439 counters remained unchanged.
Rakuten Trade Sdn Bhd equity research vice president Thong Pak Leng said the market sentiment may remain jittery given the ongoing geopolitical conflict in the West Asia region.
"This has created a wait-and-see sentiment, subsequently impacting market performance negatively.
"Taking the current situation into account, we project that the benchmark index will continue its sideways trajectory, and anticipate FBM KLCI to trend within the range of 1,435-1,450 for the rest of the week with immediate resistance at 1,460 while support at 1,430," he said.
FBM100 lost 0.11 per cent or 11.02 points to 10,346.56, FBM Ace shed 1.58 per cent or 81.31 points to 5,071.83 and FBM Emas dropped 0.18 per cent or 19.13 points to 10,673.75.
On the regional front, the indices pared losses and closed mixed after economic data from China showed stronger-than-expected growth.
China's third-quarter 2023 year-on-year GDP growth reached 4.9 per cent, surpassing expectations.