Original market management measures reinstated

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The SC and Bursa Malaysia will end the temporary revision of the market management and control mechanisms by the end of this month.

In a joint statement, the capital market regulators said they would reinstate the market management and control mechanisms, namely the dynamic and static price limits for FBM KLCI Index Component Stocks and the Bursa Malaysia circuit breaker trigger levels, to their original parameters on May 31.will end the temporary revision of the market management and control mechanisms by the end of this month.

The temporary revisions to the market management and control mechanisms, which had been in place since July 20,2020, are scheduled to expire on May 30,2021. “The decision to reinstate the original parameters takes into account the improving economic outlook with the roll-out of the Covid-19 vaccination programme and normalisation of global market conditions, ” the SC and Bursa Malaysia said.

 

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SC, Bursa to end temporary revision of market management, control mechanisms | Malay MailKUALA LUMPUR, May 10 — The Securities Commission Malaysia (SC) and Bursa Malaysia would reinstate market management and control mechanisms, namely the dynamic and static price limits for FBM KLCI component stocks and the Bursa Malaysia circuit breaker trigger levels to their original parameters...
Source: malaymail - 🏆 1. / 86 Read more »