Stocks on Bursa Malaysia closed higher yesterday in line with firmer regional markets. The rise in the local and other bourses in Asia was driven by New York's strong gains last Friday coupled with optimism of a solution to the Euro-zone debt crisis and a possible roll-out of the third quantitative easing. Gains in blue chips like Genting, Axiata, Maxis and Tenaga Nasional lifted the market significantly. The FBM KLCI rose 11.19 points or 0.78% to end at 1,450.02 after opening 11 points better at 1,449.83. Gainers led losers by 556 to 203 while 254 counters were flat. Turnover declined to 1.238 billion shares worth RM1.3 billion from 1.253 billion shares worth RM1.095 billion last Friday.