At 9.10am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 5.56 points at 1,557.07 from Wednesday's close of 1,551.51.
The index opened 1.09 points at 1,550.42.
It opened slightly lower but rebounded when there was bargin-hunting activity during a recovering sentiment situation.
On the broader market, investors saw gainers outpacing losers by 284 to 125, while 237 counters were unchanged, 1,572 untraded and 24 suspended.
Total turnover at 258.99 million units worth RM159.02 million.
According to a note from Malacca Securities Sdn Bhd, the local bourse tried to continue its momentum yesterday by leveraging on the recovery measures supported by strong retail sales data for December 2021.
He added that lower stocks may see a further spin supported by positive market conditions.
Meanwhile, the Department of Statistics Malaysia (DoSM) reported that Malaysia's wholesale and retail trade recorded the highest monthly sales value, RM120.5 billion in December and annual sales rose 4% to RM1.3 trillion in 2021 from the previous year.
Heavyweights saw Maybank gain 2 sen at RM8.52, Maxis added 9 sen at RM4.42, Petronas Chemicals rose 1 sen at RM9.09, KL Kepong gained 56 sen at RM22.62 while Public Bank fell 1 sen at RM4. 29.
Active stocks saw MMAG rise 0.5 sen at 8.5 sen, Sedania jumped 1 sen at 51.5 sen and SMTrack remained at 18.5 sen.
On the index board, FBM ACE advanced 63.87 points at 6,371.58, FBM 70 was strong 54.05 points at 13,759.04, FBM Emas added 40.19 points at 11,198.27, FBMT 100 gained 39.73 points at 10,878.51 and FBM Emas Shariah reached 56.05 points at 11,904.36.
In terms of sector, the Financial Services index scored 32.86 points at 16,145.59, the Products and Services Industry index reached 1 point at 208.84 and the Plantation index blossomed 92.86 points at 6,776.44.
