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KUALA LUMPUR (Feb 23): The Association of Stockbroking Companies Malaysia (ASCM) has welcomed the extension of the temporary suspension of Intraday Short Selling (IDSS) and the Intraday Short Selling by Proprietary Day Traders (PDT Short Sale) to Aug 29, 2021. In a statement today, the Secretariat Office of ASCM said the extension of the temporary suspension for another six months will indeed help further stabilise and strengthen the present market conditions and increase the confidence of the market participants. "We commend the SC (Securities Commission Malaysia) and BM (Bursa Malaysia) for...

Securities Commission Malaysia And Bursa Malaysia To Uplift Temporary Suspension Of Regulated Short Selling On 1 January 2021 Date 16/12/2020 The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) will uplift the temporary suspension of Regulated Short Selling (RSS) and have reviewed other market management measures that were introduced this year following heightened market volatility arising from the broader impact of COVID-19. This decision was made after careful consideration of current market conditions and the evolving needs of the market.  The suspe...