Buoyed by the excellent performance of Wall Street, Bursa Malaysia experienced a rebound with buying interest emerging.
At the opening, the FBM KLCI index started 3.16 points at 1,447.57 before rising 4.97 points at 1,449.38 compared to yesterday's closing at 1,444.41.
In the broader market, gains at 166 offset losses at 94, while 221 counters were unchanged, 1,883 untraded and 11 suspended.
Total revenue at 122.23 million units worth RM65.19 million.
According to a note by Malacca Securities Sdn Bhd, investors are seen focusing on election-themed stocks with foreign investors remaining net buyers for the past few days.
Among the counters that are in focus are construction, building materials and banking while technology is also a focus based on the performance of Wall Street.
Heavyweight stocks saw Maybank up 6 sen at RM8.74, Sime Darby Plantation Bhd up 5 sen at RM4.47, PPB Group Bhd up 20 sen at RM16.80, Axiata Group Bhd and Maxis Bhd added 3 sen at RM2.77 and RM3.60.
Active shares saw Betamek Bhd gain 26 sen to 76 sen, Yee Lee Pacific Group Bhd gained 2.5 sen to 31 sen and MAG Holdings Bhd jumped 0.5 sen to 18 sen.
On the index board, FBM Emas index rose 29.04 points at 10,257.43, FBM 70 jumped 13.89 points at 12,121.28, FBMT 100 index added 29 points at 10,003.82, FBM Emas Shariah index gained 29.08 points at 10,241.20 and FBM ACE gained 12.24 points at 4,842.84.
In terms of sectors, the Financial Services index rose 37.76 points at 16,542.93, the Energy index jumped 2.92 points at 681.28, the Products and Services index added 0.29 points at 175.38 and the Plantation index gained 20.33 points at 6,812.41.
