KUALA LUMPUR, Feb 6 — The FTSE Bursa Malaysia KLCI (FBM KLCI) closed higher today, in tandem with regional stock markets, buoyed by a rebound in oil prices, a dealer said.

At 5pm, the key index finished at 1,813.25, up 10.04 points, after fluctuating between 1,806.3 and 1,814.3 throughout the day.

Affin Hwang Investment Bank Head of Retail Research Datuk Dr Nazri Khan said global benchmark Brent crude rose another 5.8 per cent to US$57.91 a barrel, a fourth successive advance and the highest settlement since late December last year.

"The rebound was supported by capital expenditure cuts by major oil producers and a drop in the number of global rigs in operation as shown by industry data," he told Bernama.

On the scoreboard, the FBM Emas Index increased 66.05 points to 12,461.92, the FBMT100 Index improved 62.42 points to 12,162.75 and the FBM 70 gained 49.81 points to 13,458.6.

The FBM Ace jumped 118.25 points to 6,632.85 and the FBM Emas Syariah Index garnered 43.56 points to 12,980.97.

On a sectoral basis, the Finance Index chalked up 99.091 points to 15,857.19, the Plantation Index gained 43.08 points to 8,023.34, while the Industrial Index slipped 0.57 of a point to 3,278.6.

Gainers outpaced losers 512 to 291, while 341 counters were unchanged, 585 untraded and 22 others suspended.

Total turnover rose to RM1.92 billion units valued at RM2.14 billion from 1.65 billion units valued at RM2.09 billion yesterday.

Among actives, Asia Bioenergy added two sen to 18.5 sen, KNM gained three sen to 67 sen, Sanichi earned half a sen to nine sen and Kronologi Asia improved 3.5 sen to 27 sen.

JAG was flat at 18.5 sen.

Of the heavyweights, Maybank added one sen to RM8.93, TNB perked 28 sen to RM14.82 and Public Bank chalked up 34 sen to RM18.78.

Axiata was flat at RM7.17 while Sime Darby slipped one sen to RM9.53.

Main Market volume widened to 1.13 billion shares valued at RM1.96 billion from 1.08 billion shares worth RM1.93 billion yesterday.

Turnover on the ACE Market expanded to 722.99 million shares worth RM164.17 million from yesterday's 466.37 million shares valued at RM121.94 million.

Warrants shrank to 61.43 million units worth RM15.95 million from 101.13 million units worth RM40.03 million previously.

Consumer products accounted for 87.52 million shares traded on the Main Market, industrial products (209.13 million), construction (73.76 million), trade and services (469.35 million), technology (130.87 million), infrastructure (11.47 million), SPAC (8.72 million), finance (47.16 million), hotels (3.06 million), properties (73.88 million), plantations (12.53 million), mining (8,000), REITs (10.79 million) and closed/fund (33,000). — Bernama