Malaysia

Probe stock manipulation, Anwar tells SC

PKR president says unscrupulous individuals trying to profit from political rumour-mongering

Updated 5 years ago · Published on 12 Oct 2020 10:04AM

Probe stock manipulation, Anwar tells SC
PKR president Datuk Seri Anwar Ibrahim urges investors not to be swayed by political rumours. – Bernama pic, October 12, 2020

KUALA LUMPUR – Bursa Malaysia and the Securities Commission must act against those manipulating the stock market by means of political rumour-mongering, said Datuk Seri Anwar Ibrahim.

The PKR president, in a statement today, denied having any interest in several stocks listed on Bursa that have seen “extraordinarily active trading and gains” of late.

“I note with concern several listed stocks on Bursa Malaysia that have seen extraordinarily active trading and gains recently, on the basis that these counters are linked to me.

“In response, I want to stress that I have no financial interests whatsoever in these stocks.”

He urged investors to invest carefully and not be swayed by rumours.

“It is an unfortunate reflection of the state of our economy that such rumours can move markets.” – The Vibes, October 12, 2020

Related News

Opinion / 1mth

Why Bersama is not Malaysia’s best hope

Opinion / 4mth

A civilizational moment for Malaysia: From Al-Attas to Osman Bakar

Opinion / 6mth

Government Procurement Bill 2025: Evidence of government’s firm stance against corruption

Malaysia / 9mth

 PM’s claim of compliance on Sabah’s 40% share conflicts with court ruling, says Roger Chin

Malaysia / 9mth

Nation on right track towards economic objectives, say economists

Events / 9mth

Global leaders, thinkers, and advocates from across the Global South in KL for three-day conference

Spotlight

Malaysia

Court quashes RM313.8 million tax bill against Na’imah

Malaysia

Alternative medicine practitioner arrested on suspicion of molesting client

Malaysia

Drones, AI among measures to strengthen border security

By Alfian Z.M. Tahir

Malaysia

New NS exco line-up to be sworn in tomorrow as BN-PN government takes shape

Malaysia

MACC-Customs task force under discussion as smuggling cases pile pressure on enforcement agencies

Malaysia

JBPM taking all necessary steps to face hot weather, Super El Niño

Malaysia

Police team heads to Jakarta as Malaysia probes pilot’s alleged drug link

By Alfian Z.M. Tahir

Malaysia

Foreign management institute denies claims of any wrongdoing

Malaysia

Court orders police to probe foreign management institute

Malaysia

BN vows to defend all 21 Melaka seats ahead of state election

Malaysia

Thai border town Dan Nok fades as new border crossing diverts Malaysian traffic

You may be interested

Malaysia

Alternative medicine practitioner arrested on suspicion of molesting client

Malaysia

Private capital key to driving Malaysia’s next phase of economic growth - Amir Hamzah

Malaysia

Sabah Electricity pledges full cooperation in probe into fatal electrocution of three policemen

Malaysia

Stepfather denies seven child sexual assault charges involving 12-year-old girl

Malaysia

Dental nurse receives death threats after breaking up with ex-boyfriend

Malaysia

BN vows to defend all 21 Melaka seats ahead of state election

Malaysia

Five-month-old baby injured in two-vehicle crash in Seri Kembangan

Malaysia

KLIA security gaps exposed as Malaysian pilot clears checks, flies while high