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.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »