KUALA LUMPUR: Bursa Malaysia tracked global equities higher as the sentiment improved following the suspension of proposed US tariffs on Mexico and Canada.
The benchmark FBM KLCI rose 6.61 points in morning trade to 1,560.24, lifting the index off six-month lows.
On the broader market, there were 483 gainers compared to 330 decliners for a positive breadth as small caps were also lifted by the improved sentiment.
Turnover was 1.45 billion shares changing hands for RM953.14mil.
Among the leading gainers, Heineken rose 32 sen to RM24.36, F&N gained 28 sen to RM25.48 and Sunway Construction added 19 sne to RM3.69.
Of actives, Harvest Miracle rose one sen to 19.5 sen, Oriental Kopi added three sen to 88.5 sen and Velesto
dropped 0.5 sen to 18.5 sen.
Meanwhile, regional markets rebounded as tensions over the start of a trade war subsided following negotiations between the US and its North American trading partners.
Japan's Nikkei rose 1.31% to 39,023, and Hong Kong's Hang Seng leapt 2% to 20,622. China's mainland markets remained closed for the Lunar New Year holiday.
Singapore's Straits Times dipped 0.16% to 3,820.
