was making new efforts to drive non-trading revenue such as the launch of the Bursa Gold Dinar and a new debt fundraising platform with RAM.
"The traction from recent IPOs could continue to fuel retailers' interest, with Bursa indicating a pipeline of 39 IPOs this year," said Kenanga in its results note. The stock exchange operator announced its first-quarter financial results yesterday, which revealed a decline in operating revenue due to softness in the securities market.
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