Bursa Malaysia rises on the heels of Wall Street optimism

KUALA LUMPUR: The FBM KLCI clambered back above the 1,600-point level following yesterday's dip as a positive performance on Wall Street, especially in technology counters, helped to reaffirm hopes of an economic recovery.

Of late, a resurgence of new Covid-19 infections and lockdown fears have soured Asian market sentiment, dragging on equities.