KUALA LUMPUR: Following the previous day's profit-taking, the domestic market was seen rallying towards a positive close for the week.

       At 9.05am, the FBM KLCI was up 3.26 points to 1,518.21, recovering from the previous session's weakness as regional markets retreated on concerns over the US Federal Reserve potentially easing monetary stimulus ths year.

       Wall Street ended little changed overnight as an overall positive earnings season came nearer to a close. Investors took a breather from the recent trading action with a mild 0.1% gain in the S&P500.

       In Malaysia, the market has found itself on more solid footing this week after struggling previously at the 1,500 psychological level.

       With expectations that the country's new Prime Minister will soon be announced, investors have pushed past the political uncertainty weighing on markets to look forward to an economic recovery.

       On the FBM KLCI, bank stocks were positive as Maybank rose three sen to RM8.12, Public Bank added two sen to RM3.93, CIMB gained four sen to RM4.64 and Hong Leong Bank remained untraded at RM3.94.

       Some cautious optimism returned to glove stocks with Top Glove inching higher by two sen to to RM3.79 while Hartalega rose three sen to RM7.09.

       There was some selling in IHH down five sen to RM5.74, Tenaga slipping one sen to RM9.89 and Axiata dropping one sen to RM3.91.

       Among Bursa's top actives, TFP was up one sen to 22 sen, AEM rose 0.5 sen to 4.5 sen and Freight Management gained five sen to 78.5 sen.