Stocks on Bursa Malaysia extended gains for the second day yesterday on the back of improved sentiment as investors and bargain hunters continued nibbling selectively at value buys after the long Lunar New Year holiday, making the local bourse rise in tandem with most regional peers. MISC was the top contributor to the key index (with its +3.20 points contribution), adding 47 Sen to RM8.05, on news that Petronas had extended the time charter for five of its liquefied natural gas (LNG) carriers for another 10 years. The benchmark FBM KLCI rose 9.29 points, or 0.51%, to 1,818.68, after moving between 1,812.01 and 1,819.24. Gainers outpaced decliners by 432 to 409 while 316 counters were unchanged. Total volume however shrank to 2.2 billion shares worth RM2.1 billion from 2.6 billion shares worth RM2.3 billion on Monday.