Bursa Malaysia reports lower Q3 net profit


In its filing, Bursa disclosed that its trading revenue had fallen by 10.5% to RM51.3mil in the quarter with a lower average daily value (ADV) for on-market trades (OMT) and direct business trades (DBT) of RM1.88bil compared with RM2.01bil a year ago.

KUALA LUMPUR: Bursa Malaysia Bhd reported a lower net profit of RM44.04mil for its third quarter ended Sept 30, 2016 from RM51.47mil a year ago on the back of lower trading activity and a subsequent decrease in operating revenue.

The stock exchange operator reported weaker revenue of RM119.4mil for the quarter compared to RM128.83mil over the corresponding period last year. No dividend was declared for the period.

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