PETALING JAYA: Equity trades in the months of May and June have been exceptionally strong, driven by high retail participation, causing analysts to raise their earnings forecasts for stock exchange operator Bursa Malaysia Bhd.
Maybank IB Research in a note to clients said that it had raised its earnings forecasts for Bursa to incorporate the strong second quarter (Q2) of this year, and higher equity trade expectations for the second half of this year and beyond.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!