KUALA LUMPUR: Bursa Malaysia opened higher tracking Wall Street's uptrend following Nasdaq and S&P 500 record high performance.
At 9.20am, FTSE Bursa Malaysia KLCI rose 0.12 per cent or 1.95 points to 1,597.43 versus Monday's close of 1,595.48.
In the broader market, gainers led losers 280 to 226 while 364 counters were unchanged.
Rakuten Trade Sdn Bhd equity research vice president Thong Pak Leng said the FBM KLCI rebound above the 1,600 level yesterday was short-lived as selling from foreign funds emerged during the afternoon session.
"As a result, we reckon any window dressing activities may not take effect anytime soon thus expect the 1,595-1,605 range today," he said in a note.
On the index board, FBM100 and FBM Emas both added 0.22 per cent to 11,864.25 and 12,174.81 respectively. FBM Ace rose 0.21 per cent to 5,133.59.