Bursa Malaysia, which is slated to release its quarterly financial performance on Oct 27, is expected to post a record net profit of RM128.2 million for third-quarter 2020 , representing growth rates of 172.1% year on year , and 48.7% quarter on quarter against a 2Q’20 net profit of RM86.2 million, the previous all-time high.
The key earnings driver will likely be the robust average daily trading value of the equity market, which spiked 200% yoy to an all-time high of RM5.8 billion in 3Q’20. The ADTV of the equity market declined from RM5.8 billion in 3Q’20 to RM4.3 billion in the first 14 trading days of October. However, the ADTV within this period was still above the ADTV of RM3.9 billion in 2Q’20.
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