Such sentiment resulted in analysts downgrading AirAsia Group and AirAsia X shares. At 12:30pm today, AirAsia Group registered a volume of some 74 million shares to settle among Bursa's most-active stocks. Meanwhile, AirAsia X shares pared losses to settle down 0.5 sen or 4.17% at 11.5 sen, for a market value of RM477 million. AirAsia X fell to its record low today after closing at its all-time low of 12 sen yesterday. Analysts downgraded AirAsia Group and AirAsia X shares amid uncertainties from the coronavirus outbreak and Airbus case.

Source: The Edge Markets February 04, 2020 07:18 UTC