KUALA LUMPUR: The FBM KLCI rose in morning trade amid positive regional sentiment that tracked Wall Street's recovery overnight.
At 12.30pm, the benchmark index was up 3.64 points to 1,607.68 after trading within a seven-point range of 1,601.02 to 1,608.88.
The broader market was positive with 442 gainers compared to 374 decliners after 1.75 billion shares changed hands for RM995.81mil.
According to a Reuters report, Asian markets are on a rise after US bond yields and the US dollar retreated from multi-month highs ahead of President-elect Donald Trump's cabinet selection.
Japan's Nikkei climbed 0.6% to 38,455, and Singapore's Straits Times added 0.86% to 3,764.
Hong Kong's Hang Seng added 0.12% to 19,599 although Shanghai's composite index slid 0.58% to 3,304.
Among blue chips, Telekom Malaysia rose 17 sen to RM6.51, CIMB added six sen to RM8.27 and Sunway gained 13 sen to RM4.85.
Kuala Lumpur Kepong meanwhile dropped 12 sen to RM21.88, while Nestle shed 28 sen to RM99.02.
Of actives, Classita was unchanged at 6.5 sen, Aizo rose 0.5 sen to 15 sen and Life Water rallied 6.5 sen to 92.5 sen.
