The Kuala Lumpur Composite Index (KLCI) rose by 12.3 points, or 1.308 per cent, to end at its intra-day high of 953.71. It opened 1.68 points higher at 943.09.
Dealers said the benchmark index hovered between 942.85 and 953.71, supported by gains mostly in banking and financial stocks like Maybank and Bumiputra-Commerce.
The Finance Index gained 170.9 points to 7,244.35, the Industrial Index increased 14.03 points to 2,230.99 and the Plantation Index improved 17.99 points to 4,938.66.
The FBMEmas advanced 86.51 points to 6,290.77, FBM30 rose 66.82 points to 6,095.80, FBM2BRD went up 34.84 points to 4,089.98 and the FBM-MDQ climbed 94.86 points to 3,223.38.
Gainers led losers by 468 to 156 while 184 counters were unchanged, 461 untraded and 60 others suspended.
Volume rose to 1.481 billion units worth RM1.194 billion from 1.119 billion shares worth RM983.959 million yesterday.
Among the active stocks, KNM rose four sen to 50 sen, Maybank-OR was unchanged at RM1.06 while Focus Dynamics declined three sen to 14 sen.
Of the banking stocks, Maybank increased 14 sen to RM4.14, Bumiputra-Commerce rose 15 sen to RM7.90 and Public Bank advanced 20 sen to RM8.45.
Among heavyweights, Sime Darby edged up five sen to RM6.45, Tenaga went up 10 sen to RM6.60 and IOI Corporation was flat at RM4.30.
Volume on the Main Board rose to 1.228 billion shares valued at RM1.149 billion from 1.015 billion shares valued at RM963.594 million on Monday.
Turnover on the Second Board increased to 67.920 million units worth RM17.065 million from 50.926 million units worth RM12.264 million yesterday.
Volume on the Mesdaq Market soared to 149.599 million shares valued at RM19.162 million from 23.08 million shares valued at RM3.303 million previously.
Warrants, however, slipped to 18.395 million units valued at RM2.732 million from 22.849 million units valued at RM2.497 million on Monday.
On a sectoral basis, consumer products accounted for 52.376 million shares traded on the Main Board, industrial products 308.233 million, construction 103.443 million, trade/services 346.954 million, technology 12.859 million, infrastructure 21.692 million, finance 132.393 million, hotels 9.073 million, properties 216.602 million, plantations 22.189 million, mining 44,100, REITs 2.382 million and closed/fund 96,700. -- BERNAMA