Very bad Covid-19 sentiment due to new lockdown fears good prospects for Supermax

Don’t expect a ‘fairytale’ end to the pandemic when there’s a vaccine, expert warns.

A lot of hope is being placed on finding an effective and safe vaccine against Covid-19 as the pandemic continues around the world, but a professor of infectious diseases at the National University of Singapore (NUS) Yong Loo Lin School of Medicine has said that hope could be misplaced.

“I would see the vaccine as only helping (the situation),” Dale Fisher told CNBC’s Capital Connection. “It’s not going to be the fairytale (ending) everyone wants it to be where we’ll have an 100% effective vaccine and 100% of people will take it, and they’ll all receive it over the course of a month and we can go back to our way of life.”

He argued that there was a “pretty low benchmark” when it came to the efficacy of a vaccine. For instance, the U.S. Food and Drug Administration said at the end of June that it expected “a Covid-19 vaccine would prevent disease or decrease its severity in at least 50% of people who are vaccinated.”

“This means that for half the people that get the vaccine it wouldn’t work,” Fisher said. “Most people aren’t expecting this to be 100% effective. So I think you need to have the non-pharmacological interventions, such as the mask wearing and the limiting of gatherings and things like that for a long time to come.” —Holly Ellyatt

The U.S. has reported an uptick in coronavirus cases following weeks of reported declines and warnings from top health officials of coinciding outbreaks with the forthcoming flu season.

As of Monday, new cases were growing by 5% or more, based on a weekly average to smooth out the reporting, in 29 states and Washington D.C., according to a CNBC analysis of data compiled by Johns Hopkins University. Nationwide, daily coronavirus cases have grown nearly 20% compared with a week ago, moving above 43,300 new cases on average.

“We are seeing a pretty sharp uptick here in the United States,” Dr. Scott Gottlieb, the former U.S. Food and Drug Administration chief, told CNBC’s “Squawk Box” on Tuesday. “Now whether or not that’s a post-Labor Day bounce, and it’s going to start to level off or it’s a beginning of an uptrend heading into the fall, it’s unclear right now.” —Noah Higgins-Dunn

OTTAWA, Sept 23 ― Covid-19 infections have surged in Canada and if people do not take stringent precautions, they could balloon to exceed levels seen during the first wave of the pandemic, health officials warned on Monday.

“Canada is at a crossroads and individual action to reduce contact rates will decide our path,” the Public Health Agency said in a statement.

According to a worst-case scenario outlined by the agency, cases could rise more than 1,000 per day to 155,795 by October 2, with the death toll hitting 9,300. On Monday, Canada had reported 145,415 total cases and 9,228 deaths.

Prime Minister Justin Trudeau will appear in a rare evening national broadcast at 6.30pm (2230 GMT) today to talk about “the urgency of fighting Covid-19 as we face down the prospect of a second wave of the virus,” the prime minister's office said.

A total of 1,692 new coronavirus cases and 1,261 recoveries were reported in Turkey on Tuesday.

The country's overall case count now stands at 306,302 according to Health Ministry data.

A total of 114,311 more coronavirus tests were conducted over the past 24 hours, pushing the total past 9.49 million.

The death toll from the outbreak in Turkey rose to 7,639, with 65 new fatalities, said the data.

The figures also showed that the number of patients in critical condition now stands at 1,522, while 6.7% suffer from pneumonia.

"The number of patients in critical condition has reached 1,522.

Iran recorded the highest single-day cases of coronavirus on Tuesday since the outbreak almost eight months ago, as a third wave of the pandemic grips the country.

Health Ministry spokesperson Sima Sadat Lari said that 3712 fresh cases and 178 fatalities were registered in the past 24 hours.

It marked the highest single-day jump in virus cases since February 19, when the first two cases of the novel coronavirus were identified in the city of Qom, 140 km south of Tehran.

The previous highest single-day COVID-19 cases (3,574) were reported on June 4 in the middle of the second wave of the pandemic in Iran.

The overall tally of infections has now reached 429,193 with death toll mounting to 24,656.

Deputy Health Minister Iraj Harirchi said the new wave is characterized by “high intra-family transmission”, warning of the genetic mutation of the virus.

Earlier on Thursday, Harirchi said all parts of the country should be deemed “red zones” now.

“We no longer have orange and yellow (zones),” he told reporters, referring to categorization on the basis of perceived COVID-19 threat. “The whole country is in a state of red.”

THE HAGUE, Netherlands — The Dutch public health institute says the number of coronavirus infections in the Netherlands has soared to 13,471 in the past week.

That’s up from 8,265 the previous week. The weekly numbers reported Tuesday marked the third straight week of significant increases in Dutch infections.

The Netherlands, like many other Europe countries, is beginning to reintroduce measures to rein in sharply rising infection rates.

On Friday, the Dutch government announced bars and cafes will be ordered to close earlier than usual in six regions with the highest rates of infections.

Confirmed coronavirus deaths more than doubled for the week from 14 to 33, bringing the confirmed Dutch death toll to 6,291.

Spain's cumulative tally of confirmed coronavirus infections rose by nearly 10,800 from the previous day to reach 682,267, health ministry data has showed.

With 21 deaths from the virus in the last day, the total number of Covid-19 fatalities has reached 30,904.

France has again registered more than 10,000 new confirmed coronavirus infections over 24-hours, for the sixth time in 12 days.The health ministry reported 10,008 new cases on Tuesday, compared to 5,298 on Monday.

The ministry also reported the number of deaths increased to 31,416, an increase of 78, compared to a seven-day moving average of 60 deaths per day.

Another 4,926 people have tested positive for coronavirus in the UK - the highest daily figure since 7 May.

A further 37 people have also died within 28 days of testing positive for COVID-19 - the highest number reported in one day since 14 July.

Most of Tuesday's cases were reported in England - 4,187 - with 383 in Scotland, 281 in Wales and 75 in Northern Ireland.

UK Prime Minister Boris Johnson told people to work from home where possible and ordered bars and restaurants to close early to tackle a fast-spreading second wave of with restrictions lasting probably six months.

WASHINGTON: The United States registered its 200,000th death from the Covid-19 pandemic on Tuesday, the latest grim milestone for the country just weeks before voters decide if President Donald Trump will stay in office.

According to a rolling tally by Johns Hopkins University, 200,005 Americans have died and 6.86 million have been confirmed infected by the novel coronavirus.

More institutional funds start to buy Supermax shares aggressively today so uptrend is the way to go.Next destination breaking RM8 resistance level.

Supermax is oversold territory and rebound today as expected but with high volumes 42millions is good indicator for uptrend momentum.

As winter season is fast approaching in November the number of Covid-19 cases keep increasing with higher hospitalizations and death tolls.The best profit quarter for glove companies still few quarters away.

Soemeone so naive to compare Covid-19 pandemic vs Swine Flu/MERS/SARS/EBOLA.This pandemic is by so far the most widespread pandemic human being has ever encountered before as more than 30millions people had been infected within 9 months.

Russian vaccine which is launched last month September is ineffective as Covid-19 cases daily in Russia keeps increasing to new high of 6,000+ new cases daily with increasing daily death toll of 160+

Russia confirmed 6,215 new Covid-19 cases and 160 fatalities on Tuesday, bringing the country’s official number of cases to 1,115,810 as the number of new infections and total deaths to 19,649 across the country continues to rise.

JAKARTA (Reuters) - Indonesia reported on Tuesday its biggest daily rise in coronavirus deaths with 160 fatalities, data from the country’s COVID-19 task force showed.

Indonesia has reported 9,837 deaths overall, the highest death toll in Asia outside India.

It also reported 4,071 new coronavirus infections, bringing the total number of cases in the Southeast Asian country to 252,923.

As expected strong price rally with high volume 40million shares transacted today indicates bullish upward trend together with very strong fundamentals.

Supermax share price consolidation and accumulation RM7.60 heavy volume

Another round of Supermax share price consolidation and accumulation RM7.55 heavy volume.

Supermax next QR in early November at least RM800millions.The highest profit margin glove company in the world.

Supermax share price consolidation and accumulation RM7.50 heavy volume.Time to push up share price before 5p.m

Strong price rally for Supermax until closing 5.00p.m after few days price correction.Time to reenter for institutional investors and retail investors for capital gains next month.

Ex date for treasury share bonus will be announced in November.

(Reuters) - Six U.S. states so far this month have reported their highest daily number of hospitalized COVID-19 patients since the pandemic started as cases began rising again nationwide, according to a Reuters tally.

North Dakota set a hospitalization record on Monday while Missouri and South Dakota hit their highest level to date on Sunday. Hawaii, Montana and West Virginia set records earlier in September.

Eight U.S. states have reported record one-day increases in COVID-19 cases so far this month. Arkansas, Illinois, North Dakota, South Carolina, Utah, West Virginia, Wisconsin and Wyoming reported record one-day increases in cases in September. Kansas, which only reports three times a week, also had a record increase in cases covering a three-day period.

* Eight states had a record one-day increase in deaths this month: Arkansas, Idaho, Kentucky, Missouri, Montana, South Dakota and Wyoming. Kansas also had a record increase in deaths over a two-day period.

* Coronavirus cases over the past two weeks are rising in 16 out of 50 states, including the former epicenter of New Jersey, compared with 20 states the previous two weeks.

* Coronavirus deaths over the past two weeks are rising in 14 states, compared with 10 states the previous two weeks.

Russia Monday reported 6,196 new coronavirus cases, the most recorded over 24 hours since July 18, pushing its national tally to 1,109,595. The nation currently has the fourth largest number of cases in the world.

Authorities have also reported 71 deaths in the last 24 hours, bringing the official death toll to 19,489.

Out of 6,196 new COVID-19 cases, 915 were detected in Moscow, 209 in Saint Petersburg, 177 in Rostov, 162 in Nizhny Novgorod, 160 in Voronezh and 140 in the Stavropol region. According to the media reports, the smallest number of new patients was detected in the Smolensk region, which saw 15 new infections, the Jewish Autonomous Okrug with 11, Chechnya with six and Chukotka with one new coronavirus patient.

An average of 1,196.1 people per day tested positive for the new coronavirus (Covid-19) in Belgium during the past week, according to the latest figures by Sciensano on Monday.

The trend of new infections per day increased by 62% over the 7-day period from 11 to 17 September.

Between 13 and 19 September, an average of 45 hospitalisations per day were added, compared to 31 per day the week before.

In total, 428 patients are currently in hospital, which is 11 more than yesterday. Of those patients, 77 are in intensive care and patients on a ventilator number 40.

An average number of 2.4 deaths occurred per day over the past week, the same number as the week before. The total number of deaths in Belgium since the beginning of the pandemic is currently 9.948.

Belgium’s reproduction number (Rt) is currently 1.30, according to Sciensano’s figures. This means that, across the country, one infected person infects more than one other person on average, and that the epidemic is growing.

Argentina reported a daily record of 429 deaths from Covid-19 on Monday, bringing the country’s fatalities to 13,482.

There were 8,782 new infections, according to the Health Ministry’s evening report. A total of 640,147 cases have been recorded since the pandemic began.

Of the new cases confirmed yesterday, the worst affected province was Buenos Aires with 3,700, followed by Santa Fe Province with 1,215, Córdoba with 770, Buenos Aires City with 678 and Mendoza with 599.

Government officials said that there are 3,387 people currently hospitalised with the virus in intensive care units (ICUs) across the country. Nationwide, ICU bed occupancy stands at 60.3 percent, rising to 65.5 percent in the Buenos Aires metropolitan area (AMBA).

In addition, the Health Ministry said that 18,575 tests had been carried out over the past 24 hours, with 1,765,069 in total now having taken place since the beginning of the outbreak, equivalent to 38,898.1 tests per one million inhabitants.

With near 650,000 infections, Argentina now sits tenth in the global ranking of worst affected nations, according to data collated by the Johns Hopkins University.

As expected 12.30p.m Supermax closing green.Going to push up again after lunch to close greener than RM7.46 to rally all other glove counters.

12.30p.m noon time closing price confirmed green no doubt about that.Evening session another price rally.

Vaccine injection to 7 billions population drives higher glove demands.

Today 3 hours volume already equivalent to yesterday 1 day total volume.High volume positive signal to strong price rally momentum.

All European countries cases start to increase sharply since last 1-2 weeks due to their citizens non adherence to mask mandatory and social distancing.Covid-19 2nd wave already happened in Europe whereby UK,Spain and France already implement lockdown measures.

Now fall season temperature starts to cool and new cases start to increase in European countries.Coming winter season in November will be terrible and worst for US and European countries to manage deadly sharp rise in hospitalizations and deaths.

Dow Jones sharp fall due to high expectation coming 2nd wave Covid-19 in US and more lockdowns worldwide this coming deadly winter Nov-Mar.Demands of gloves and ASP keep increasing until next year.

Strong and powerful buying momentum by both institutional funds and retail investors fuel another strong rally today

Supermax leading other glove counters to rise again after US and Europe sharp fall due to increasing Covid-19 pandemic cases and more countries lockdown soon coming winter season.

High volume today uptrend today

Supermax superbull today

COVID-19 appeared to be gaining steam in several regions of central Canada on Monday, prompting Quebec’s public health director to announce the beginning of a second wave in that province.

Quebec and Ontario reported more than 1,000 cases between them, including 586 cases in Quebec, a jump of more than 100 compared with Sunday. Ontario’s numbers increased to 425 from 365 a day before.

The news prompted Dr. Horacio Arruda, Quebec’s public health director, to declare a second wave of COVID-19 had started in the province.

“I’m very, very, very worried by the situation, to the point where I consider that now we may be in a second wave, we’re in a second wave at its beginning,” he told a news conference in Quebec City.

Quebec announced tighter restrictions on public and private indoor gatherings on Sunday as it raised the alert level for several regions of the province, including Montreal and Quebec City.

But Arruda said the situation was serious all over the province and people need to respect limits on gatherings and other health guidelines in order to limit additional cases.

Turkey on Monday recorded 1,743 new COVID-19 cases and 68 deaths in the past 24 hours.

"The number of our seriously ill patients approached 1,500," Health Minister Fahrettin Koca wrote on Twitter on Monday evening.

"We must reduce the burden on our health care professionals in order to continue their devoted work. This can only happen by following the precautions," he urged.

The UK's coronavirus alert level is being upgraded from 3 to 4, meaning transmission is "high or rising exponentially", its chief medical officers have said.

It comes after the government's scientific adviser warned there could be 50,000 new coronavirus cases a day by mid-October without further action.

On Monday, a further 4,368 daily cases were reported in the UK, up from 3,899.

In a statement confirming their recommendation on moving to level 4, the chief medical officers for England, Scotland, Wales and Northern Ireland said cases were now "rising rapidly and probably exponentially in significant parts of all four nations".

They urged people to follow government guidelines "to avoid significant excess deaths and exceptional pressure in the NHS" over the autumn and winter.

Health Secretary Matt Hancock said the move reflected "the significant shift in the current threat posed by coronavirus".

"This country now faces a tipping point in its response and it is vital everybody plays their part now to stop the spread of the virus and protect lives," he said.

The alert level, which is recommended by the Joint Biosecurity Centre, was reduced from level 4 to 3 on 19 June - which indicated the virus was "in general circulation" but there could be a "gradual relaxation of restrictions".

The proposed upgrading comes as the PM prepares to chair a Cobra emergency meeting on Tuesday morning - which will be attended by the leaders of Scotland, Wales and Northern Ireland.

The number of people in France who have died from COVID-19 has risen by 53 to 31,338, the health ministry said. The cumulative number of cases stands at 458,061.

The rolling seven-day count of COVID-19 hospital admissions rose to 4,103 from 3,894 on Sunday, according to the latest French data, with intensive care admissions at 638 against 593 on Sunday.

Tighter restrictions will be imposed in the French city of Lyon from Tuesday to counter a sharp increase in new coronavirus cases and a surge in intensive care admissions, local authorities said.

The new rules for Lyon, France’s third largest city, follow similar measures in Marseille, Bordeaux and Nice as the coronavirus resurges across the country and the testing system buckles under heavy demand.

The COVID-19 cases in Indonesia rose by 4,176 within one day to 248,852, with the death toll adding by 124 to 9,677, the Health Ministry said on Monday.

Iran’s Health Ministry spokeswoman says the novel coronavirus has killed 177 patients since Sunday noon, increasing the overall death toll to 24,478.

In a press briefing on Monday, Sima-Sadat Lari said 425,481 patients have contracted the virus so far, including 3,341 new cases identified in the past 24 hours, the highest daily rise in new patients since June 6.

Lari said 3,912 patients are also in critical conditions caused by more severe infection.

She said the high-risk “red” zones include Tehran, Qom, Mazandaran, East Azarbaijan, Isfahan, Yazd, Ardabil, Khorasan Razavi, Khuzestan, Hamadan, West Azarbaijan, Bushehr, Alborz, Lorestan, Markazi, Ilam, South Khorasan, Kermanshah, North Khorasan, Semnan, Gilan, Zanjan, Qazvin, and Kerman provinces.

For the first time since the start of the coronavirus crisis, The Netherlands recorded over 2,000 new infections in a single day.

In the last 24 hours 2,223 cases were reported. The country’s National Institute of Public Health also recorded 26 new hospital admissions and two new deaths.

During the last seven days, 12,630 new cases have been recorded in The Netherlands.

Britain today recorded another 4,368 coronavirus cases as government data shows the number of daily infections has now doubled in a fortnight — despite the government's top advisors warning the public that they were rising two-fold every week.

Department of Health figures show slightly fewer than 4,000 new infections are now being recorded each day, on average — up 31 per cent from the figure of 2,998 last Monday. Statistics also show the rolling seven-day average jumped 48 per cent before that, from 2,032 on September 7.

Health officials today also announced 11 more coronavirus deaths, taking the official number of Covid-19 victims to 41,788.

And 204 people with Covid-19 were admitted to hospital in England for NHS treatment on Saturday, meaning the average number of admissions has tripled from 65 to 187 in a fortnight.

Supermax share buy back if price drops below RM7 and cash balance end Sept probably RM1.8-2billions.

Treasury shares announcement mid-Nov during company AGM.As long as fundamentals and business prospects next year bullish share price correction this few weeks will rebound strongly near to coming record profits QR in early November.