Driven by the positive performance of Wall Street behind the FOMC concerns, the local stock market experienced a rebound at the beginning of the day.
At the opening, the FBM KLCI index started up 2.15 points at 1,476.53 before rising 0.59 points at 1,474.97 compared to Monday's close at 1,474.38.
In the broader market, gains at 234 offset losses at 95, while 231 counters were unchanged, 1,702 were untraded and 10 suspended.
Total revenue at 212.65 million units worth RM143.79 million.
According to Rakuten Trade Sdn Bhd, the local exchange continued its lackluster session due to cautious sentiment despite a rebound following Wall Street's overnight performance.
As a result, the index is expected to hover in the range of 1,470-1,485 today.
Heavyweight stocks saw Maybank down 2 sen at RM8.68, Public Bank Bhd and Petronas Chemicals Group Bhd down 1 sen at RM4.39 and RM8.47 respectively while CIMB Group Holdings Bhd and Tenaga Nasional Bhd (TNB) rose 2 sen at RM5. 76 and RM9.22.
Active shares saw ITMAX System Bhd jump 37 sen at RM1.44, Velespada Energy Bhd up 0.5 sen at 16 sen, Yew Lee Pacific Group Bhd added 1 sen at 37 sen, Advance Synergy Bhd remained at 18 sen and Leform Bhd climbed 1.5 sen at 22 cents.
On the index board, the FBM Emas index gained 15.16 points at 10,601.68, the FBMT 100 Index jumped 13.83 points at 10,302.41, the FBM Emas Shariah index rose 21.74 points at 10,754.89, the FBM 70 added 56.43 points at 12,974.70 and the FBM ACE gained 27.23 points at 87.5.
In terms of sectors, the Financial Services index added 8.23 points to 16,548.06, the Plantation index rose 6.09 points to 6,758.58, the Products and Services index fell 0.23 points to 181.66 and the Energy index jumped 6.77 points to 785.23.
