Low impact from short selling restart

“So, the anticipated impact to the overall market will be minimal. We do anticipate that with the introduction of enhanced control measures, we could see a reduced level of trades compared to before, especially among the day traders,” Bursa Malaysia director of securities market Azhar Mohd Zabidi (pic) told StarBiz.

PETALING JAYA: The resumption of intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT Short Sale) in January 2022 will have minimal impact on the overall market, according to Bursa Malaysia director of securities market Azhar Mohd Zabidi.

Azhar said historically, IDSS and PDT Short Sale in aggregate are not more than 3% to 3.5% of total market trades.