SC and Bursa Malaysia to End Temporary Revision of Market Management and Control Mechanisms - Media Releases

10 May 2021 | Kuala Lumpur

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.

i. Static and Dynamic Price Limits for FBMKLCI Component Stocks (from 31 May 2021 onwards)

Securities type	Securities Prices	Static Price Limit^a	Dynamic Price limit^b
FBMKLCI Index component stocks	>=RM1.00	Upper limit price +30% Lower limit price -30%	Upper dynamic limit +8% Lower dynamic limit -8%
FBMKLCI Index component stocks	<RM1.00	Upper limit price +30 sen Lower limit price -30 sen	Upper dynamic limit +8 sen Lower dynamic limit -8 sen

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)

Bursa Malaysia Circuit Breaker Trigger Levels/ Conditions And Trading Halt Duration
Trigger Level	FBMKLCI Decline	From 9:00 am– before 11:15 am	From 11:15 am to 12:30 pm	From 2:30 pm – before 3:30 pm	From 3:30 pm to 5:00 pm
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 to more than 15% but less than 20% of the previous market day's closing index.	1 Hour	Rest of Trading Session	1 Hour	Rest of Trading Session
3	FBMKLCI falls by an aggregate of or to more than 20% of the previous market day's closing index.	9.00 a.m. - 12.30 p.m		2.30 p.m. - 5.00 p.m.
3		Rest of Trading Day		Rest of Trading Day

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