KUALA LUMPUR (March 17): The FBM KLCI erased losses to close marginally higher today on last-minute buying interest ahead of the government’s announcement of a new stimulus package.
The benchmark index closed 1.01 points or 0.06% higher at 1,624.97 after having stayed in negative territory for the most part of the trading session.
A remisier, Jeffry Azizi Jaafar, said the drop in the index earlier was due to a correction in prices following the rally in the past three weeks.
“The market saw financial, plantation and technology [stocks] fall due to a consolidation after recent strong gains on market recovery optimism, driven by the ongoing vaccination programme and a decline in daily [new] Covid-19 infections,” he told
Covid wreaked havoc on airlines in 2020. Hereâs how, in Charts
More than 2.1 million people have been vaccinated
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U.K.âs Johnson Looks at Tighter Lockdown (4:45 p.m. NY)
Boris Johnsonâs government is examining whether to move more areas of England into lockdown to counter a faster-spreading variant of coronavirus.
Ministers are considering whether to apply the highest Tier 4 restrictions forcing non-essential shops and leisure facilities to close to more regions, according to a person familiar with the matter.
New Virus Strain Could Be in U.S.; Fauci Gets Shot: Virus Update Bloomberg 12/22/2020 Bloomberg News
(Bloomberg) The new Covid-19 strain that emerged in the U.K. is possibly already in the U.S., Germany, France and Switzerland, officials in those countries said. Ireland imposed new restrictions to stem an “extraordinary growth” in cases, and said the nation should act on the assumption that the new variant has arrived.
Pfizer Inc.’s partner BioNTech SE is exploring options to boost vaccine production, and its chief executive officer said its shot will probably work against the new virus strain. Taiwan reported the first locally transmitted infection since April, ending what was the world’s longest stretch without a domestic case.
New Virus Strain Could Be in U.S.; Fauci Gets Shot: Virus Update
Bloomberg 12/22/2020 Bloomberg News
(Bloomberg) The new Covid-19 strain that emerged in the U.K. is possibly already in the U.S., Germany, France and Switzerland, officials in those countries said. Ireland imposed new restrictions to stem an “extraordinary growth” in cases, and said the nation should act on the assumption that the new variant has arrived.
Pfizer Inc.’s partner BioNTech SE is exploring options to boost vaccine production, and its chief executive officer said its shot will probably work against the new virus strain. Taiwan reported the first locally transmitted infection since April, ending what was the world’s longest stretch without a domestic case.
New Virus Strain Could Be in U.S.; Fauci Gets Shot: Virus Update Bloomberg 12/22/2020 Bloomberg News
(Bloomberg) The new Covid-19 strain that emerged in the U.K. is possibly already in the U.S., Germany, France and Switzerland, officials in those countries said. Ireland imposed new restrictions to stem an “extraordinary growth” in cases, and said the nation should act on the assumption that the new variant has arrived.
Pfizer Inc.’s partner BioNTech SE is exploring options to boost vaccine production, and its chief executive officer said its shot will probably work against the new virus strain. Taiwan reported the first locally transmitted infection since April, ending what was the world’s longest stretch without a domestic case.