KUALA LUMPUR: The Kuala Lumpur Composite Index (KLCI) rose to its highest level in nearly eight months with trading volume hitting a new record at over two billion shares, as optimism over further gains by Asian currencies and an improved economic outlook in the region lifted most stock markets on the continent.
Asian markets, which climbed to 16-year highs, were aided by continued gains in their currencies that were led by the Chinese yuan, which hit a new post-revaluation high.
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