KUALA LUMPUR (Feb 23): The FBM KLCI is expected to end the week on a positive note in line with the overnight gains at most global markets and inch toward the 1,860-point level.

World stock markets advanced on Thursday, with U.S. shares rebounding from a day earlier and bond yields easing off highs, following more cautious talk about the potential for interest rate increases this year, according to Reuters.

Oil prices also rose as the U.S. dollar hit session lows in morning trading after having touched a 10-day high, as the euro was boosted by minutes from the European Central Bank's most recent policy meeting, it said.

The Dow Jones Industrial Average rose 293.47 points, or 1.18 percent, to 25,091.25, the S&P 500 gained 25.27 points, or 0.94 percent, to 2,726.6 and the Nasdaq Composite added 55.51 points, or 0.77 percent, to 7,273.74, said Reuters.

Based on corporate announcements and news flow yesterday, companies in focus on Friday may include: Scientex Bhd, Sime Darby Plantation Bhd, Public Bank Bhd, Gas Malaysia Bhd, Muhibbah Engineering (M) Bhd, Malaysia Smelting Corp Bhd, Axiata Group Bhd, MBM Resources Bhd, Vivocom International Holdings Bhd,  Kian Joo Can Factory Bhd and Apex Healthcare Bhd.