The continuous decline in global crude oil prices has certainly spurred interest in plantation as well as oil and energy related stocks, pushing the benchmark Kuala Lumpur Composite Index (KLCI) to close 6.88 points higher at 903.52, they said.
The KLCI opened 1.32 points higher at 897.96.
However, the dealers said investors remained cautious ahead of the United States stimulus package plan and the bailout plan of banks which will likely be announced later today.
Any decision, would certainly influence the direction of the regional bourses including Malaysia, they explained.
At close, the Industrial Index rose 22.36 points to 2,129.46, the Finance Index increased 28.14 points to 7,152.78 and the Plantation Index surged 99.74 points to 4,649.25.
The FBMEmas was 40.14 points lower at 5,911.27, the FBM30 went up 44.25 points to 5,838.27, the FBMMesdaq added 10.92 points to 3,386.37 and the FBM2BRD increased 47.34 points to 3,972.45.
Gainers outnumbered losers by 270 to 189, while 196 counters closed unchanged, 601 untraded and 32 others suspended.
Turnover increased to 430.03 million shares worth RM733.71 million Thaipusam holiday. - Bernama