KUALA LUMPUR: The Securities Commission (SC) and Bursa Malaysia Bhd will extend the temporary suspension on intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT short sale) to Aug 29.
The temporary suspension of IDSS and PDT short sale is due to expire on Feb 28.
The suspension took effect on March 24 last year as part of the regulators’ proactive measures to mitigate potential risks arising from heightened volatility and global uncertainties.
“The additional six-month suspension of IDSS and PDT short sale, which are used mainly as a day trading strategy, will enable Bursa to enhance the control measures for intraday short selling activities in order to promote market stability and strengthen the integrity of the capital market, ” they said in a joint statement.
With this extension of the suspension, temporary waivers related to PDT will also be extended to Aug 29.
Ekovest really have to fight for more projects, can't just rely on SPE and River of Life. In addition, property sector and investment sector ( Rental from Ekocheras ) are not so well but still manageable. However, the more concern for ekovest is on their cash flow. Unhealthy cash flow performance after covid-19 outbreak, the company is withdrawn their investment fund and bank deposit to turnover their capital expenses..... Overall, ekovest still in a difficult time....
MCO still making profits, durian also start contributed, NTA 0.93, stock code: 8877. Make sure the share price is between 77-88 cents lo, tomorrow last day to give Ang Pow de .....hehehe..................
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
roger3210
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Posted by roger3210 > 2021-02-23 14:10 | Report Abuse
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