KUALA LUMPUR, May 12 — Share prices on Bursa Malaysia opened lower on persistent subdued sentiment following global uncertainties, dealers said.

At 9.29am, the the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 7.41 points easier at 1,798.08 after opening 6.85 points lower at 1,798.64.

A dealer said the subdued sentiment was expected to persist as investors refrain from trading commitments amid uncertainties over Greece’s position in the Eurozone and China’s slowing economy.

“Immediate support for the index is revised lower to the 1,794 points level, while the immediate resistance would be at 1,816 points,” he added.

On the scoreboard, the FBM Emas Index fell 42.761 points to 12,412.92, the FBMT100 Index decreased 42.511 points to 12,088.52 and FBM 70 erased 19.55 points to 13,482.63.

The FBM Emas Syariah Index lost 60.989 points to 12,872.23 and the FBM Ace declined 35.30 points to 6,959.52.

On a sectoral basis, the Plantation Index depreciated 22.87 points to 7,432.91, the Finance Index trimmed 16.94 points to 16,067.84 and the Industrial Index decreased 23.88 points to 3,258.85.

Losers led gainers 231 to 109 with 201 counters unchanged, 1,243 untraded and 11 others were suspended.

Turnover stood at 207.84 million shares worth RM106.31 million.

Among heavyweights, Maybank and Axiata eased two sen each to RM9.30 and RM6.72 respectively, TNB lost four sen to RM13.76 and Sime Darby fell seven sen to RM8.95 while Public Bank was flat at RM19.28.

For actively-traded stocks, RGB earned one sen to 17.5 sen and Vsolar climbed half-a-sen to 17.5 sen.

Kanger, Frontken and Ho Wah Genting were flat at 26.5 sen, 27 sen and 15 sen, respectively.

Meanwhile, trading in the shares of Malaysis Steel Works (KL) Bhd were suspended at 9 am until further notice due to the company’s failure to submit its annual audited accounts for the financial year Dec 31, 2014. — Bernama