Tuesday, 11 May 2021 12:12 PM MYT
On the broader marker, losers trounced gainers 873 to 141, while 335 counters were unchanged, 819 untraded and 12 others suspended. Picture by Firdaus Latif
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KUALA LUMPUR, May 11 Bursa Malaysia remained lower at mid-morning today with its key index staying in red territory as the nationwide expansion of the movement control order (MCO) curbed investors’ risk appetite.
At 11.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 8.79 points to 1,575.13 from Monday’s close of 1,583.92.
Prime Minister Tan Sri Muhyiddin Yassin announced yesterday that the whole country would be placed under the MCO from May 12 until June 7 to curb the recent spike in Covid-19 infections.
Published on: Tuesday, May 11, 2021
By: Bernama
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Kuala Lumpur: Malaysia will again implement the Movement Control Order (MCO) nationwide from Wednesday (May 12) to June 7 in an effort to curb the growing spread of Covid-19.
Prime Minister Tan Sri Muhyiddin Yassin
(pic) announced the enforcement of the MCO after a Special National Security Council (MKN) Meeting on Management of Covid-19, which he chaired in Putrajaya, Monday.
“With daily cases exceeding 4,000, 37,396 active cases and 1,700 fatalities reported as of May 10, Malaysia is facing the third wave of the pandemic, which can trigger a national crisis.
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“The emergence of new variants with higher infection rates, an alarming constraint to the capacity of the healthcare system and poor SOP compliance among the people demand that the Government take a more drastic action to prevent the country from falling into a more severe health catastrophe,” he said.
PETALING JAYA: The whole country will be placed under the movement control order from May 12 to June 7 due to rising Covid-19 cases, says Prime Minister Tan Sri Muhyiddin Yassin. With daily cases exceeding 4,000 cases, and with 37,396 active cases and 1,700 deaths as of May 10, Malaysia is facing a third wave that could break into a national crisis. Data and science show that gatherings make social distancing difficult, and that large groups in closed spaces are the leading cause of the Covid-19 spread, he said in a statement on Monday (May 10).
Muhyiddin said the chain of infection can only be broken, with the public remaining at home by enforcing stricter movement control.
Will aid come under Malaysia s latest MCO? Here are eight key Covid-19 relief measures and what happened to them | Life malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
10 May 2021 / 21:16 H.
KUALA
LUMPUR: Malaysia will again implement the Movement Control Order (MCO) nationwide from Wednesday (May 12) to June 7 in an effort to curb the growing spread of Covid-19.
Prime Minister Tan Sri Muhyiddin Yassin (
pix) announced the enforcement of the MCO after a Special National Security Council (MKN) Meeting on Management of Covid-19, which he chaired in Putrajaya today.
“With daily cases exceeding 4,000 cases, 37,396 active cases and 1,700 fatalities reported as of May 10, Malaysia is facing the third wave of the pandemic, which can trigger a national crisis.
“The emergence of new variants with higher infection rates, an alarming constraint to the capacity of the healthcare system and poor SOP compliance among the people demand that the government take a more drastic action to prevent the country from falling into a more severe health catastrophe,” he said in a statement.