Kuala Lumpur: The steep fall in the Turkish lira against the US dollar has impacted local stocks, including IHH Healthcare Bhd and Malaysia Airports Holdings Bhd (MAHB).Shares of IHH declined 38 sen or 6.4 per cent to RM5.37, while MAHB fell 14 sen or 1.4 per cent to RM9.72 as of mid-day on Monday, as investor sentiment took a hit amid Turkey's deepening economic crisis. IHH, a Khazanah Nasional Bhd-controlled company owns 60 per cent of the Turkey-based Acibadem integrated healthcare chain, while MAHB operates and owns the Istanbul Sabiha Gokcen International Airport (ISGIA).
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