KUALA LUMPUR (March 18): Bursa Malaysia has suspended short selling under proprietary day trading (PDT) and intraday short selling (IDSS) for DRB-Hicom Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) and Guan Chong Bhd (GCB) shares, as the last done prices of the approved securities dropped more than 15% from their reference prices.

"The short selling under PDT and IDSS will only be activated the following trading day, Thursday, 19 March 2020 at 08:30 am,” Bursa said in special announcements on its website today.

At 3.52pm, DRB-Hicom’s share price fell 22 sen or 17.19% to RM1.06, MHB fell 10.5 sen or 25.61% to 30.5 sen, while GCB fell five sen or 2.82% to RM1.72.
GCB cut losses after falling as much as 27 sen or 15.25% to RM1.50 earlier today.