Sell-off continues as Covid-risk fears intensify


KUALA LUMPUR: Bursa Malaysia took another drubbing as the negative sentiment surrounding the discovery of a new strain of coronavirus weighed on global equities and oil prices.

Reuters reported that countries have shuttered their doors to Britain following news that the new strain of virus found in the country was up to 70% more transmissible than the original.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bursa Malaysia , FBM KLCI , equities

Next In Business News

Hong Kong central bank cuts interest rate, tracking Fed move
Analysts upbeat on Gamuda’s outlook, highlight RM45bil–RM50bil order book potential
Proton’s November sales hit 13,451 units; YTD volume up 3.6%
Apex positive on Cheeding’s RM13.5mil Genting Sempah contract
Fed rate cut pushes ringgit to four-year peak vs greenback
FBM KLCI opens firmer as Wall Street rallies on Fed rate cut
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Trading ideas: Gamuda, EcoWorld, BAuto, Astro, Sunsuria, Cheeding, Chin Hin
Perak Transit rides on recurring income strength�
LAC Med targets Indonesia after steady debut on Main Market

Others Also Read