UOB Kay Hian expects Bursa to record a 132% year-on-year (y-o-y) and 30% quarter-on-quarter (q-o-q) growth in its third quarter earnings, on the back of a continued surge in average daily value (ADV) of RM5.6bil for the third quarter to date.
PETALING JAYA: Bursa Malaysia Bhd
is expected to deliver another record earnings in its upcoming third quarter financial year 2020 results. However, its shares have priced in the potential strong set of results, says UOB Kay Hian.
The research house expects Bursa to record a 132% year-on-year (y-o-y) and 30% quarter-on-quarter (q-o-q) growth in its third quarter earnings, on the back of a continued surge in average daily value (ADV) of RM5.6bil for the third quarter to date.
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