“We expect that the supply chain issues will be temporary and that the economic recovery is still intact,” Areca Capital Sdn Bhd CEO Danny Wong (pic) told StarBiz.
PETALING JAYA: The local stock market started the first two days of 2022 on a weak note as investors grew concerned about the Omicron variant that could dampen the global economic recovery.
In the United States, the Omicron variant has pushed its Covid infections to a record-high of one million cases in 24 hours, according to news by Bloomberg.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
