At 9.05am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 9.94 points at 1,601.66 from Friday's close of 1,591.72.
The index opened 4.02 points strong at 1,595.74.
It opened on a positive note, extending Friday’s gains as a result of continued bargin-hunting activity on foreign funds.
On the broader market, investors saw gainers outpacing losers by 223 to 109, while 255 counters were unchanged, 1,691 untraded and 51 suspended.
Total turnover at 142.75 million units worth RM70.12 million.
Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the Wall Street market remained strong with the Dow Jones average index reaching 835 points at 34,000 and the Nasdaq Composite driving 221 points despite the Russian-Ukrainian war tensions continuing.
On the KLCI, he expects the market to remain on an uptrend at the 1585-1600 level on Monday due to encouraging corporate earnings, apart from taking into account strong crude palm oil prices.
Heavyweights saw Maybank rise 6 sen to RM8.94, Public Bank Bhd and Petronas Chemicals Group Bhd added 3 sen to RM4.40 and RM9.32, CIMB Group Holdings jumped 1 sen to RM5.68 and IHH Healthcare Bhd jumped 12 sen at RM6.60.
Active stocks saw Siab Holdings up 3 sen at 33 sen while KNM Group Bhd lost 1 sen at 15.5 sen and EA Technique (M) Bhd fell 2.5 sen at 4.5 sen.
On the index board, FBM Emas reached 65.42 points at 11,415.66, FBMT 100 was strong 64.85 points at 11,088.02, FBM Emas Shariah ran 67.88 points at 12,084.35, FBM 70 added 61.77 points at 13,577.71 and FBM ACE bloomed 22.41 points at 5,971.25.
In terms of sectors, the Products and Services Industry index reached 0.38 points at 209.03, the Financial Services index jumped 93.52 points at 16,578.17 and the Plantation index bloomed 90.44 points at 8,188.73.
