KUALA LUMPUR: The FBM KLCI was little changed as it entered midday with domestic traders staying wary over high oil prices and the absence of concrete resolutions to the Middle East conflict.

Malaysia's benchmark index was up just 1.53 points to 1,691.24, almost unchanged from last Friday's close, after five days of cautious trading. The local bourse has largely ignored the tech-driven rally on Wall Street over the past few sessions, and the return of risk appetite for growth stocks. Stateside, investors are betting recent economic data leaves room for more rate cuts by the Federal Reserve.