At 9am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 11.67 points at 1,601.65 from Monday's close of 1,589.98.
The index opened 9.74 points weak at 1,599.72.
It opened higher on new buying interest after experiencing a sell -off last week, besides investors also taking Wall Street overnight signals.
On the broader market, investors saw gainers at 254 outpacing losers at 80, while 188 counters were unchanged, 1,768 untraded and 27 suspended.
Total turnover at 136.07 million units worth RM50.83 million.
A note from Malacca Securities Sdn Bhd noted the corporate earnings season especially for tech companies was still underway, and the rebound on Wall Street occurred following the recovery in the Dow Jones index due to bargain hunting.
He added that the local bourse expects investor sentiment to remain in concern with the KLCI expected to be at 1,600, and the recovery-themed sector remains a concern due to the reduction in Covid-19 cases.
Heavyweights saw Malayan Banking Bhd (Maybank) add 3 sen at RM8.92, Public Bank Bhd gained 1 sen at RM4.72, Petronas Chemicals Group Bhd and IHH Healthcare Bhd rose 14 sen at RM10.26 and RM6.70 while CIMB Group Holdings Bhd jumped 4 sen to RM5.20.
Active stocks saw Yong Tai Bhd and South Malaysia Industries Bhd remain at 10.5 sen and 34.5 sen, Techna-X Bhd lost 0.5 sen at 10.5 sen while Siab Holdings Bhd rose 0.5 sen at 22 sen and KPower Bhd added 2 sen at 56.5 sen.
On the index board, the FBMT 100 index reached 80.04 points at 11,101.69, the FBM Emas index rose 81.33 points at 11,446.93, the FBM Emas Shariah index collected 103.76 points at 12,045.83, the FBM 70 added 94.63 points at 13,637.69 and the FBM ACE jumped 43.76 points at 5,626.67.
In terms of sectors, the Products and Services Industry index rose 1.17 points at 211.29, the Financial Services index expanded 82.68 points at 16,825.23 and the Plantation index added 26.66 points at 8,874.25.
