KUALA LUMPUR - Bursa Malaysia opened higher this morning, driven by heavyweight counters.
At 9.13 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,684.53, up 6.97 points, after opening at 1,681.66.
Market breadth was positive with gainers overwhelming losers 272 to 81, while 177 counters were unchanged, 1,257 counters untraded and 14 others suspended.
Turnover stood at 310.52 million shares worth RM123.34 million.
A dealer said the overnight rise in oil prices had boosted energy stocks and overall sentiment on the local bourse.
Brent crude settled higher at 3.6 per cent or US$1.75 for $50.54 a barrel, while US crude oil was at 3.8 per cent up or US$1.76 at US$47.90.
On the scoreboard, the FBM Emas Index rose 43.34 points to 11,702.22 and the FBMT100 Index added 40.48 points to 11,376.52, while the FBM Emas Shariah Index perked 71.46 points to 12,539.65.
The FBM Ace improved 27.54 points to 6,341.89 and the FBM 70 rose 21.79 points to 12,879.89.
Sector-wise, the Finance Index added 8.32 points to 14,276.69, the Industrial Index garnered 15.33 points to 3,337.13 and the Plantation Index gained 32.49 points to 7,590.
Among heavyweights, Petronas Gas rose 48