FBM KLCI rose in early trade on Boxing Day, supported by light activity after the Christmas holiday amid thin trading volume.
Bursa Malaysia rose 11.51 points (0.72%) to 1,614.65 at 4.20pm. The index opened 0.59 points higher at 1,603.58 previously.
PETRONAS Chemicals rose 15 sen to RM4.87, Coastal Contracts added 14 sen to RM1.68, Maybank gained six sen to RM10.14 and United Plantations added six sen to RM30.06.
Zen Tech, the most active counter on Bursa Malaysia jumped 100%, up 0.5 sen to one sen with 84.6 million shares traded.
However, it was also noted that market interest would be thin as most market players are still on their year-end break.
At the same time, there are also fewer market indicators ahead and this could also contribute to thinner volumes heading into the year-end trading week.
Meanwhile, Rakuten Trade said that while signs of bargain hunting are clearly visible, the local bourse is in dire need of a large inflow of liquidity. The buying momentum is expected to pick up and drive the index higher into 2025.
