Posted 1/22/2024, 11:00:31 PM
Concerns Raised Over Potential Stock Manipulation on Bursa Malaysia
- Bursa Malaysia boasted about governance but report expressed reservations about market manipulation
- Watchers concerned about unusual activity recently, banks imposed cash-upfront rules for some stocks
- Question if a "rollover" is happening - where prices are manipulated before a sudden drop
- Typical rollover model - drive price up to attract retail investors before sellers suddenly exit
- Will Bursa actually take action against manipulation or just stay silent as usual