Overnight tumble on Wall St rattles Bursa, Asian markets

At Bursa on Wednesday, local institutions and retail investors were net buyers at RM280mil and RM40.3mil, offsetting the net selling of RM320.3mil by foreign funds.

KUALA LUMPUR: The overnight tumble on Wall Street sent key Asian markets and Bursa into the red early Thursday over the spreading fallout from the Covid-19 coronavirus globally.

At 9.12am, the FBM KLCI was down 14.23 points or 1% to 1,429.60. Turnover was 361.51 million shares valued at RM173.90mil. There were 97 gainers, 432 losers and 120 counters unchanged.