KUALA LUMPUR (Sept 22): The FBM KLCI rose 5.46 points or 0.3% after crude oil and US shares gained overnight. Oil and US shares gained after the US Federal Reserve maintained interest rates at the current 
0.25% to 0.5% level.
 
At Bursa Malaysia today, the KLCI was traded at 1,664.19 points at 9:09am. 

Bursa Malaysia saw some 144 million shares worth RM68 million changed hands. There were 217 gainers and 53 decliners.

TA Securities Holdings Bhd wrote in a note today :"The overnight rebound on Wall Street and crude oil prices should cushion the 
lackluster local market today, but undertone remains cautious as lack of positive catalyst on the local front."

In overnight US share trades, the Dow Jones Industrial Average climbed 0.9%, S&P 500 rose 1.09% whiile Nasdaq Composite was 1.03% higher. 

Reuters reported that oil prices rose as much as 3% on Wednesday after a third surprise weekly drop in US crude stockpiles boosted the demand outlook in the world's largest oil consumer. 

The dollar weakened after the Federal Reserve left US interest rates unchanged, which also buoyed prices for dollar-denominated crude. Another supportive factor was an oil workers' strike in Norway, which threatened to cut North Sea crude output. Brent crude futures settled up 95 cents or 2% at US$46.83 per barrel.