The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) will reinstate market management and control mechanisms, namely the dynamic and static price limits for FBMKLCI Index Component Stocks and the Bursa Malaysia Circuit Breaker trigger levels, to their original parameters on 31 May 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 temporary revisions to the market management and control mechanisms which have been in place since 20 July 2020, are scheduled to expire on 30 May 2021.
The SC and Bursa Malaysia will continue to closely monitor global developments and take a prudent approach in implementing necessary measures to support a fair and orderly market.
Note:
a Static Price Limit:
Lower limit price reverts back to -30% from -15% for securities prices >=RM1.00, and to -30 sen from -15 sen for securities prices < RM1.00;
b Dynamic Price Limit:
Lower dynamic limit reverts back to -8% from -5% for securities prices >=RM1.00, and to -8 sen from -5 sen for securities prices < RM1.00
ii. Bursa Malaysia Circuit Breaker Trigger Levels (from 31 May 2021 onwards)
Note:
Temporary revision of the circuit breaker levels to two trigger levels (10% and 15% only) will revert to three trigger levels (10%, 15% and 20%)
SECURITIES COMMISSION MALAYSIA
BURSA MALAYSIA BERHAD
About Securities Commission Malaysia
The Securities Commission Malaysia (SC), a statutory body reporting to the Minister of Finance, was established under the Securities Commission Act 1993. It is the sole regulatory agency for the regulation and development of capital markets. SC has direct responsibility for supervising and monitoring the activities of market institutions, including the exchanges and clearing houses, and regulating all persons licensed under the Capital Markets and Services Act 2007. More information about SC is available on its website at www.sc.com.my. Follow SC on twitter at @SecComMy for more updates.
About Bursa Malaysia
Bursa Malaysia is an approved Exchange holding company under Section 15 of the Capital Markets and Services Act 2007. A public company limited by shares under the Companies Act 2016, Bursa Malaysia operates a fully-integrated exchange, offering equities, derivatives, offshore, bonds as well as Islamic products, and provides a diverse range of investment choices globally.
For more information on Bursa Malaysia, visit www.bursamalaysia.com
