Short selling ban lifted
THE Securities Commission and Bursa Malaysia will lift the nine-month ban on regulated short selling on Jan 1, the capital market regulators said in a joint statement.
However, the ban on intra-day short selling, which is due to expire on Dec 31, will be extended to Feb 28,2021.
In addition, the temporary relief measures and flexibilities relating to margin financing, which are also due to expire on Dec 31, will also be extended to June 30,2021.
The regulators said they will continue to monitor ongoing domestic and global developments, and take a proactive approach in implementing appropriate measures that support a fair and orderly market.
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