Fund buying lifts KLCI nearly nine points at close

Market bull march16

KUALA LUMPUR: Fund buying of key stocks Petronas Gas, IOI Corp, Hong Leong Bank and Digi underpinned the FBM KLCI advance on Wednesday, in line with the firmer key Asian markets despite worrries about the volatile US-China ties.

At 5pm, the KLCI was up 8.67 points or 0.55% to 1,574.90 on late buying support. Turnover rose to 3.06 billion shares valued at RM2.23bil. The broader market was mixed with 458 gainers, 426 losers and 378 counters unchanged.