KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia rallied to close broadly higher on Wednesday amid strong buying interests mainly in utility and technology stocks, with the benchmark index gaining 0.44 per cent. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.13 points to 1,614.09 from Tuesday’s close of 1,606.96. The index opened marginally higher at 1,606.97 and moved between 1,606.53 and 1,616.03 throughout the day. Advancers thumped decliners 727 to 381 on the broader market, with 522 counters unchanged, 781 untraded and 10 suspended. Turnover advanced to 3.60 billion units valued at RM3.30 billion versus 3.32 billion units valued at RM3.30 billion on Tuesday.
Brian Thompson, CEO of UnitedHealthcare's insurance unit, was fatally shot Wednesday morning outside the Hilton Hotel in Midtown Manhattan, according to reports by the New York Post and Bloomberg, citing police sources.
Incident Details
- Location: The shooting occurred at 13356 Avenue, within the Midtown North Precinct.
- Time: Wednesday morning.
- Victim Status: Thompson was transported to Mount Sinai West in critical condition, where he was later pronounced dead.
The New York Police Department (NYPD) confirmed that no arrests have been made, and the investigation remains active. The victim's identification is pending proper family notification, according to the NYPD.
UnitedHealth’s Response
UnitedHealth was hosting its Investor Day on Wednesday, which was cut short due to what CEO Andrew Witty described as "a very serious medical situation" involving a team member. The company has not yet issued a formal comment on the incident.
Investigation Underway
The motive for the shooting is unknown, and the police have not disclosed further details about potential suspects. Law enforcement authorities continue to gather evidence at the scene.
Impact on UnitedHealth
The unexpected tragedy comes at a critical time for UnitedHealth Group, the largest health insurer in the U.S., which has been actively engaging investors and stakeholders about its strategic direction.
The company and the healthcare community are expected to issue statements in the coming days as more details emerge.
This shocking event underscores the vulnerability of public figures and highlights the need for further clarity on the circumstances surrounding the tragedy.
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