Bursa Malaysia nine-month earnings jump 25% year-on-year to RM241m

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Sunbiz News

Ireland Ireland Latest News,Ireland Ireland Headlines

PETALING JAYA: Bursa Malaysia Bhd has reported profit after tax, zakat and minority interest (patami) of RM241.2 million for the nine-month financial ...

Bursa Malaysia Bhd has reported profit after tax, zakat and minority interest of RM241.2 million for the nine-month financial period ended Sept 30, 2024 , a 25.1% increase from RM192.8 million reported in 9M’23.

The exchange market saw 52.9% increase in trading revenue, reaching RM300.3 million in 9M’24 compared to RM196.4 million in 9M’23. The growth was attributed to higher average daily trading value for the securities market’s on-market trades and direct business transactions, which increased by 69.6% to RM3.6 billion in 9M’24 from RM2.1 billion in 9M’23.

Operating revenue in the Islamic Market rose 1.2% to RM13 million in 9M’24, driven by the new Bursa Gold Dinar product, while Bursa Suq Al-Sila’ trading revenue dipped to RM12.3 million from RM12.9 million. The data business segment reported improved performance, with RM59.4 million of revenue in 9’24, 16.3% higher than the RM51.1 million in 9M’23, predominantly driven by a growing subscriber base.

He emphasised Bursa Malaysia’s commitment to expanding fundraising and trading options by relaunching Single Stock Futures and adding renewable energy certificates to the Bursa Carbon Exchange.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia invites Chinese companies to list on Bursa Malaysia as innovation, new economy sectors riseHAINAN, Oct 20 — Malaysia remains open and welcoming to Chinese companies seeking to list on Bursa Malaysia whether for their first or second listing exercise, in line with both...
Source: malaymail - 🏆 1. / 86 Read more »