Stocks on Bursa Malaysia staged a late rebound to close higher yesterday, tracking the bullish regional markets. News that the Italian government has managed to sell its bonds at relatively good prices helped boost the regional markets. Overall, the local market was still resilient as investors were still looking for a boost from major projects such as the mass rapid transit and the spending in the oil and gas sector. The FBM KLCI rose 2.57 points, or 0.16%, to close at 1,580.67. Advancers led losers by 389 to 306 while 327 counters were unchanged. Turnover rose to 843.27 million shares valued at RM1.57 billion from 832.79 million shares valued at RM1.55 on Tuesday.