Tuesday July 14 2020
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Malaysia
Link: https://bit.ly/32hqHrB
On 10th July 2020, the Securities Commission Malaysia (SC) announced that SC and Bursa Malaysia Berhad will implement temporary revisions to existing market management and control mechanisms, namely the dynamic and static price limits, and the circuit breaker, to provide added stability and confidence in the marketplace. The revisions will be applicable for a six-month period from 20th July 2020 to 18th January 2021.
The SC and Bursa Malaysia will continue to closely monitor global developments and take a prudent approach in implementing the necessary measures to support a fair and orderly market.
- Revised Static and Dynamic Price Limits for FBMKLCI Component Stocks
| Securities Type | Securities Prices | Static Price Limit | Dynamic Price Limit |
| FBMKLCI Component Stocks | >=RM1.00 | Upper limit price +30%
Lower limit price -15% |
Upper dynamic limit +8%
Lower dynamic limit -5% |
| <RM1.00 | Upper limit price +30 sen
Lower limit price -15 sen |
Upper dynamic limit +8 sen
Lower dynamic limit -5 sen |
- Revised Circuit Breaker Trigger Levels
| Trigger Level | FBMKLCI Decline | From 9:00am – before 11:15am | From 11:15am to 12:30pm | From 2:30pm – before 3:30pm | From 3:30pm to 5:00pm |
| 1. | FBMKLCI falls by an aggregate of 10% or more but less than 15% of the previous market day’s closing index | 1 Hour | Rest of Trading Session | 1 Hour | Rest of Trading Session |
| 2. | FBMKLCI falls by an aggregate of or more than 15% of the previous market day’s closing index | Rest of Trading Day | |||
Click on the above link for further information.
