Triple-digit growth for Bursa


CGS-CIMB estimates that Bursa could post a net profit in the region of RM372mil for the full financial year 2020.

PETALING JAYA: Bursa Malaysia Bhd’s net profit growth is likely to be in the triple-digit range or about 117% for its fourth quarter ended Dec 31,2020 (Q4).

CGS-CIMB, in a note, said the net profit will be driven by a 143% jump in the average daily trading value (ADTV) for the equity market in Q4 due to higher retail interest.

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