At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.48 points to 1,643.28 from yesterday's close of 1,639.80.
The benchmark index opened 4.24 points better at 1,644.04.
On the broader market, gainers outnumbered losers 493 to 281, with 401 counters unchanged, 1,291 untraded and 26 suspended.
Turnover totalled 1.19 billion units valued at RM813.1 million.
Public Investment Bank Bhd said in a note that the FBM KLCI may trade higher today after the US stock indices stormed back from big early drops on Wednesday to finish higher, led by a handful of influential Big Tech companies.
Among the heavyweights, Maybank was flat at RM10.68, Public Bank fell three sen to RM4.67, CIMB slipped two sen to RM8.25, Tenaga Nasional was eight sen better at RM14.78, IHH Healthcare lost two sen to RM6.73 and Hong Leong Bank erased 26 sen to RM21.24.
Globetronic led the active counters, losing two sen to 55 sen, while Alpha IVF was half-a-sen better at 35 sen, Velesto Energy rose one sen to 19 sen, Ekovest was flat at 33 sen and Steel Hawk gained 2.5 sen to 33 sen.
Among the top gainers, Dutch Lady added 50 sen to RM30.88, Malaysian Pacific Industries climbed 40 sen to RM27.22, United Plantations gained 34 sen to RM27.36 and Vitrox was 31 sen better to RM3.41.
On the index board, the FBM Emas Index climbed 53.70 points to 12,204.38, the FBM Emas Shariah Index gained 77.56 points to 11,989.13 and the FBMT 100 Index rose 51.23 points to 11,924.43.
The FBM 70 Index surged 169.90 points to 17,046.33, while the FBM ACE Index increased 24.68 points to 5,018.46.
By sector, the Financial Services Index shaved 38.62 points to 19,557.20, the Industrial Products and Services Index edged up 1.04 points to 171.85, the Energy Index rose 4.41 points to 839.59 and the Plantation Index ticked up 7.67 points to 7,154.03.
-- BERNAMA
