At 5 pm, the FBM KLCI advanced 11.26 points to 1,420.35 from yesterday's closing of 1,409.09.
A rebound in oil prices and easing fears over the banking turmoil in the United States and Europe also contributed to improved sentiments on the local front.
Market breadth was positive as gainers beat decliners by 574 to 331, while 400 counters were unchanged, 986 untraded, and 25 others suspended. The latest report from the Conference Board showed the business group’s consumer confidence index ticked up to 104.2 in March, better than the forecast 101.0 reading. The prior month's print stood at 103.4.
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