KUALA LUMPUR (June 30): The FBM KLCI is on course to end the final trading day of the first half of 2016 on a positive note and rose 0.49% at mid-morning.

At 10.15am, the FBM KLCI rose 8.13 points to 1,650.34.

The gainers included DanaInfra Nasional Bhd, KESM Industries Bhd, Public Bank Bhd, Hong Leong Bank Bhd, Hai-O Enterprise Bhd, Pos Malaysia Bhd, MNRB Holdings Bhd, Malayan Banking Bhd and Tien Wah Press Holdings Bhd.

The actives included Hiap Teck Venture Bhd, SapuraKencana Petroleum Bhd, AirAsia Bhd, Malaysia Building Society Bhd, KNM Group Bhd and Borneo Oil Bhd.

The losers included Scientex Bhd, Malaysian Pacific Industries Bhd, PPB Group Bhd, Ta Ann Holdings Bhd, QL Resources Bhd, Cahya Mata Sarawak Bhd and Syarikat Takaful Malaysia Bhd.

Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen retreated as global markets regained a semblance of calm after last week's Brexit shock, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4%, pulling further away from a one-month low on Friday (June 24) when it plunged more than 3% in reaction to Britain's decision to leave the European Union, it said.

JF Apex Securities Research said US markets rallied over 1.5% to recover from post-Brexit plunge following higher oil prices.

It said that similarly, European stocks surged and extended the rebound as Brexit concerns eased.

"On the local market, the FBM KLCI continued its ascend after rising 8.17 points to 1,642.21 points.

"Following the bullish performance in the US and Europe, the FBM KLCI is expected to extend its rebound with resistance at 1,665 points," it said.