Highlights-

• The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher Friday, extending yesterday’s gains, as the European Central Bank (ECB) revealed its stimulus expansion plan
• which included buying 1.1 trillion euros worth of bonds, the key index stood at 1,798.78, up 17.03 points, after opening 10.72 points better at 1,792.47.
• Overnight rally in the oil price has led to a stronger ringgit versus the US dollar today. It was quoted at 3.6000/6030 against the greenback compared with 3.6140/6170 yesterday.
• The FTSE Bursa Malaysia KLCI futures (FKLI) contract on Bursa Malaysia Derivatives opened higher in tandem with the better cash market.
• Gold futures contract on Bursa Malaysia Derivatives opened higher today with one contract month traded, dealers said. At 9.30 am, January 2015 gained 22 ticks to RM150.10.
• Asian equity markets rallied Friday after the European Central Bank announced a huge cash injection to kickstart the eurozone economy, while crude prices surged on news that the monarch of oil kingpin Saudi Arabia had died.
• The euro edged higher Friday but remained under pressure after sinking to its lowest level in more than a decade after the European Central Bank launch a vast bond-buying programme aimed at kickstarting the eurozone economy.