Bursa, Asian markets climb on US spending bill to check Covid-19

At Bursa on Wednesday, foreign funds continued to reduce their stakes as net selling was RM119.40mil but local institutions were net buyers at RM105.40mil and retail investors at RM14mil.

KUALA LUMPUR: Bursa Malaysia and key Asian markets advanced early Thursday after the US Congress authorised nearly US$8bil to check the fallout from the Covid-19 coronavirus.

At 9.11am, the KLCI was up 6.08 points or 0.41% to 1,496.03. Turnover was 231.64 million shares valued at RM115.41mil. There were 278 gainers, 70 losers and 184 counters unchanged.