At 9am the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 6.55 points at 1,592.53 from Wednesday's close of 1,585.98.
The index opened 7.64 points strong at 1,593.62.
It opened higher as a result of the impetus of bargain-hunting activity despite the recovery performance on Wall Street.
On the broader market, investors saw gainers at 203 outpacing losers at 94, while 202 counters were unchanged, 1,791 untraded and 82 suspended.
Total turnover at 196.37 million units worth RM88.88 million.
Malacca Securities Sdn Bhd notes that Wall Street is in a recovery session after hitting daily highs despite a mixed earnings season.
Meanwhile, the local bourse saw the teurs recovery-themed sector come under scrutiny following the announcement of the relaxation of Covid-19's standard operating procedures (SOPs) effective May 1, further marking the ongoing economic recovery.
Heavyweights saw Malayan Banking Bhd (Maybank) up 5 sen at RM9.03, Petronas Chemicals Group Bhd added 4 sen at RM9.96, IHH Healthcare Bhd reached 7 sen at RM6.64 and CIMB Group Holdings Bhd jumped 2 sen at RM5 .17 while Public Bank Bhd remained at RM4.71.
Active stocks saw MN Holdings Bhd rise 1.5 sen at 22.5 sen, Nestcon Bhd jumped 1 sen at 50.5 sen, Ajiya Bhd collected 3 sen at RM1.17 while Anzo Holdings Bhd lost 1.5 sen at 2 sen and Pertama Digital Bhd declined 1 sen at 89.5 sen. sen.
On the index board, FBM ACE rose 16.70 points at 5,587.47, FBM 70 advanced 63.79 points at 13,592.58, FBM Emas index expanded 48.03 points at 11,385.83, FBMT 100 index strengthened 46.89 points at 11,044.57 and FBM Emas Shariah index reached 50.72 points at 11,932.68.
In terms of sector, the Financial Services index expanded 50.18 points at 16,850.20, the Products and Services Industry index rose 0.46 points at 206.63 and the Plantation index rose 115.40 points at 8,833.60.
