Malaysia suspends short-selling amid coronavirus volatility

March 23, 2020, 09.12 PM | Source: Reuters
Malaysia suspends short-selling amid coronavirus volatility

ILUSTRASI. Workers hang Malaysian flags ahead of celebrations for the country?s 62nd anniversary of independence


STOCK MARKET - KUALA LUMPUR. Malaysia on Monday suspended short-selling until April 30 due to heightened volatility amid the spread of the coronavirus, the country's market regulator and stock exchange said in a joint statement.

"We continue to observe trading activities in this exceptionally volatile global and market environment," Securities Commission Malaysia said in the statement.

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"We will assess the situation and consider the necessary additional precautionary measures, as appropriate, to support an orderly market."

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