JP Morgan: Covid-19 likely to peak next month in Malaysia


Good job: A police officer pointing at a drone which is used to remind citizens to stay at home during the movement control order. JP Morgan believes the government’s actions are proving effective in curbing the spread and intensity of the epidemic. — Reuters

PETALING JAYA: JP Morgan believes that Malaysia has entered the “acceleration phase” pertaining to the increase in Covid-19 infections and that this could peak by the middle of next month.

The research house is pricing in expectations that the acceleration phase of the curve will last for only the next 1½ to two weeks before moving into the accumulation stage, when the overall infection growth rate slows to between 100 and 250.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
JP Morgan , Covid-19 , peak , Malaysia , next month ,

Next In Business News

Amtel Holdings in RM23mil Perak land deal
Asset monetisation to brighten Axiata outlook
Hengyuan rebounds to post RM526mil net profit
Tomei to keep up strategic risk monitoring
CIT in RM14mil Penang property buy
Premium items to underpin Karex earnings recovery
Hong Leong Bank 3Q bottom line up to RM1bil
Higher crude tanker rates to lift MISC profits
Record property sales of RM1.4bil for E&O
Asset and loan growth remains resilient at CIMB

Others Also Read