At 9.05am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 0.34 points at 1,591.22 from Thursday's close of 1,590.88.
The index opened 2.8 points strong at 1,593.68.
It opened slightly higher despite the market turning volatile following the Federal Reserve’s (Fed) aggressive rate hike decision and rising oil prices.
On the broader market, investors saw gainers outnumber losers by 174 to 124, while 190 counters were unchanged, 2,321 untraded and 45 suspended.
Total turnover at 98.32 million units worth RM10.2 million.
Rakuten Trade Sdn Bhd vice -president of equity research, Thong Pak Leng said the index was expected to be at 1,580 to 1,600 due to market volatility.
He added that profit-taking activity caused the price of crude palm oil to drop to RM6,500 a tonne while the benchmark Brent crude oil closed at US $ 106 a barrel due to concerns over supply problems.
Heavyweights saw Malayan Banking Bhd add 3 sen at RM9.01, Petronas Chemicals Group Bhd advanced 3 sen at RM9.45, IHH Healthcare Bhd rose 13 sen at RM6.52 and Tenaga Nasional Bhd gained 3 sen at RM9.11 while Public Bank Bhd fell 2 sen to RM4.61 and CIMB Group Holdings Bhd lost 7 sen to RM5.41.
Active stocks saw Dagang NeXchange Bhd add 0.5 sen at 99.5 sen, Hibiscus Petroleum Bhd rose 4 sen at RM1.14 and Bumi Armada Bhd gained 1 sen at 42.5 sen.
On the index board, the FBM Emas index strengthened 5.88 points at 11,280.56, the FBM Emas Shariah index jumped 24.91 points at 11,843.28, FBM 70 decreased 1.1 points at 13,356.99, the FBMT 100 index rose 1.64 points at 10,992.27 and the FBM ACE reached 14.06 points at 5,377.88.
In terms of sectors, the Products and Services Industry index jumped 0.87 points at 203.85 and the Plantation index recovered 25.14 points at 7,852.56 while the Financial Services index declined 31.1 points at 16,764.48.
