Late Monday, the Securities Commission and Bursa Malaysia announced that short-selling has been suspended until April 30,2020, to mitigate potential risks from the heightened volatility and global uncertainties.
KUALA LUMPUR: Bursa Malaysia and key Asian markets climbed in early Tuesday trade, underpinned by the US Federal Reserve pledge to stabilise the financial system and also the regulators’ decisive action to halt short selling until April 30.
At 9.06am, the KLCI was up 25.65 points or 2.04% to 1,285.53. Turnover was 197.17 million shares valued at nearly RM100mil. There were 292 gainers, 60 losers and 111 counters unchanged.
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