Genting Malaysia - Mall Catches Fire

Genting got sold down very badly today. The overall market was bad as the blue chips slumbered but I think the fire that happened in Genting Malaysia Highlands yesterday might have aggravated the situation where it caused the stock price for Genting SP to tanked down 3.2%. The stock closed very strong yesterday at 0.94 but unfortunately, this fire incident caused some fear and investors started to throw. Just when I thought it might reach 0.97, I have to think twice now.

picture source: https://www.todayonline.com/world/landscaping-genting-highlands-mall-catches-fire-no-one-injured

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Ronald K - Market Psychologist - A Stock Market Opportunist