Investors were also cautious ahead of the release of full-year results for utility giant and index heavyweight Tenaga Nasional late Tuesday, they said.
The Kuala Lumpur Composite Index added 0.05 points to 904.75 and volume traded was 323.53 million shares, worth 628.93 million ringgit (166.61 million dollars). Losers outnumbered gainers 431 to 241. The ringgit stood at 3.7748 to the US dollar and 4.5367 to the euro.
"Funds' last minute buying of blue chips pushed the index into positive territory, ending its eight straight day losing run," a local brokerage dealer said.
Among blue chips, Tenaga Nasional and Telekom Malaysia were both flat at 10.30 and 9.95 ringgit respectively, while Malayan Banking added 0.20 to 11.50.
Southern Bank was unchanged at 3.80 after denying it was seeking a merger with Commerce International Merchant Bankers.
Budget carrier AirAsia was up 0.05 at 1.56 after it announced it had completed a fuel-hedge transaction covering its operations in the second half to June 2006.