Intraday short selling for MSM Malaysia suspended


— AZMAN GHANI/The Star

KUALA LUMPUR: Trading of intraday short selling (IDSS) for MSM Malaysia Holdings Bhd shares has been suspended for the rest of the day as the last done price of the approved securities dropped more than 15 per cent or 15 sen from the reference price.

As of 3.46 pm, MSM Malaysia lost 20 sen, or 14.39 per cent, to RM1.19 with 8.69 million shares traded. 

The sugar producer fluctuated between RM1.17 and RM1.39 during the trading session to date.

In a special announcement today, Bursa Malaysia said the short selling under IDSS will only be activated at 8.30 am tomorrow (May 23). - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MSM Malaysia , IDSS , suspension , Bursa Malaysia

Next In Business News

Public Mutual declares over RM20mil in distributions for three funds
Bank Negara: Malaysia's headline inflation unchanged at 1.4% in April
Oil set for second weekly decline as market eyes another OPEC+ output hike
Lynas, Kelantan ink MoU for mixed rare earths carbonate supply
RHB appoints Nurjesmi Mohd Nashir as MD of wholesale banking
Acwa Power eyes US$10bil of Malaysia renewable projects
Rolls-Royce to operate new aero engine facility in Beijing
Malaysia's international reserves assets at US$118.70bil as of end-April
Reach Ten declares maiden dividend of 1c per share
Bursa Malaysia lower at midday amid cautious sentiment, heavyweight selling

Others Also Read


OSZAR »