KUALA LUMPUR: The FBM KLCI was up at midday, in line with a jump in Asian market valuations following the end of hostilities between the US and Iran, as well as the Bank of Japan's widely anticipated decision to hike its interest rate.

At 12.30pm, Malaysia's main stock index was up 11.92 points to 1,703, 21, returning above the 1,700-point psychological level for the first time in three weeks.