Genting Malaysia stock falls on tighter movement controls

Resorts World Genting
Resorts World Genting

Shares in Genting Malaysia closed down 3.8 percent on Tuesday after the government unexpectedly imposed a nationwide movement control order until June 7th.

The movement control order is likely to severely restrict visitation to the company’s Resorts World Genting property.

Malaysia stocks, currency decline after nationwide virus curbs (Bloomberg)