Short selling of O&G stocks suspended after sharp fall

KUALA LUMPUR: The short selling activities of multiple oil and gas stocks has been suspended for the rest of the day following a sharp plunge in the share price.

Bursa Malaysia has suspended the proprietary day trading (PDT) and intraday short selling (IDSS) of multiple oil and gas stocks for one day this morning, after the last done price of the approved securities dropped more than 15% of the reference price.