At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.39 points to 1,703.69 from Monday’s close of 1,702.30.
The benchmark index opened 0.31 points higher at 1,702.61.
Market breadth was positive, with 205 gainers outpacing 127 losers. A total of 304 counters were unchanged, while 2,123 were untraded and 13 suspended.
Turnover stood at 212.37 million shares, valued at RM143.83 million.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said Wall Street retreated amid escalating tensions between the United States and Iran.
“As such, crude oil prices surged, with Brent crude hitting US$96 per barrel again, while the US 10-year yield remained stagnant at 4.258%,” he added.
Meanwhile, he added that FBM KLCI is expected to trade within the 1,695–1,710 range today.
Among the heavyweights, Maybank fell six sen to RM11.28, Public Bank slipped one sen to RM4.68, Tenaga Nasional gained eight sen to RM14.48, CIMB Group rose seven sen to RM7.66, and IHH Healthcare declined three sen to RM8.75.
On the most active list, Main Market debutant MTT Shipping was unchanged at RM1.03, TWL Holdings shed half a sen to two sen, Euro Holdings jumped 1.5 sen to 6.5 sen, VS Industry added one sen to 20 sen, and Zetrix AI rose 0.5 sen to 86 sen.
Among the top gainers, Malaysian Pacific Industries advanced 30 sen to RM34.50, Petronas Dagangan gained 16 sen to RM20.36, VSTECS rose 10 sen to RM5.06, Malayan Cement increased nine sen to RM7.29, and MN Holdings climbed eight sen to RM2.19.
Of the top losers, Hong Leong Bank dropped 12 sen to RM22.28, UMS Integration fell nine sen to RM6.06, Petronas Chemicals slid seven sen to RM5.24, and both Press Metal and Hong Leong Capital eased six sen to RM7.88 and RM3.23, respectively.
On the index board, the FBM Top 100 Index rose 15.92 points to 12,399.70, the FBM Emas Index added 18.48 points to 12,561.83, the FBM Mid 70 Index improved 47.52 points to 17,736.10, the FBM Emas Shariah Index climbed 23.65 points to 12,447.32, and the FBM ACE Index gained 24.99 points to 4,607.97.
By sector, the Financial Services Index eased 6.35 points to 20,011.10, the Industrial Products and Services Index slipped 0.60 points to 186.12, the Energy Index added 0.63 points to 806.69, and the Plantation Index rose 3.89 points to 8,876.01.