Investors stay cautious on MAHB given new Covid strain

KUALA LUMPUR: Fears over the new strain of the Covid-19 virus could keep downward pressure on Malaysia Airports Holdings Bhd (MAHB) after the detection of Omicron in several global locations sent its share price falling in recent days.

TA Securities Research noted that information on Omicron remains limited and the World Health Organization has guided that it could take up to several weeks before it determines if Omicron is more transmissible or lethal than its predecessors.