As of late Sunday ASIC has banned all short selling - naked and covered, effective from Monday morning.
As the commentary from Business Sepectator below suggests, this is huge.
http://www.businessspectator.com.au/bs.nsf/Article/ASIC-bans-all-short-selling-in-dramatic-move-to-pr-JPBAD?OpenDocument
http://www.businessspectator.com.au/bs.nsf/Article/Australia-blows-up-the-hedge-funds-JPCC6?OpenDocument&src=sph
As of late Sunday ASIC has banned all short selling - naked and...
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |