SC, Bursa Malaysia step up monitoring to ensure stability in market amid Middle East developments

KUALA LUMPUR: The Securities Commission and Bursa Malaysia have increased market monitoring and surveillance to ensure activities in the Malaysian capital market remain stable, fair and orderly following the latest developments in the Middle East conflict.

"We also have a robust system in place to ensure continuous and effective clearing and settlement of trades. Additionally, we have the necessary controls in place to address potential sharp increase in volatility in the equity market. In a separate statement earlier, Prime Minister Datuk Seri Anwar Ibrahim said the government is closely monitoring the evolving global geopolitical developments and financial markets.

"Malaysia strongly believes that it is in the best interest of the global community that all parties involved should work towards achieving a cessation of hostilities in the Middle East and avoid further escalation of aggression. For a lasting solution, the ongoing violence must come to an end.

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Malaysia closely monitoring Middle East conflict and financial market situationPrime Minister Datuk Seri Anwar Ibrahim stated that the government is closely monitoring the developments in the Middle East conflict and the financial market situation, including the potential impact on Malaysia. The government will act wisely to strengthen the country's economic and financial stability and consider any factors that may affect Malaysians.
Source: theSundaily - 🏆 25. / 51 Read more »