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Malaysia Perspective| 15 June 2009
Swine Flu Hogged News, Investors Barely Sneezed
By Malaysia Edition

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Extract Unlike previous epidemic outbreaks, investors appeared unfazed by the outbreak of the Influenza A virus subtype H1N1, the official name for swine flu. When news of the A/H1N1 outbreak from Mexico started dominating the headlines, global markets took a dive. The global markets fell due to travel-related counters and plantation stocks. Fears of a drop in demand for livestock feed also dragged down CPO prices. The KLCI dipped as low as 966 (on 28 April) as news of the outbreak gained momentum. However, it recovered within days and continued its rally through May to end the month at 1,044 points. OSK Research said ...
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