PETALING JAYA: In expectations that equity average daily volumes (ADV) on Bursa Malaysia would remain high over the near term, Maybank Investment Bank (IB) Research has raised its earnings and dividend forecasts on the exchange operator.
The research unit said it has raised its equity ADV assumptions to RM4.5bil (from RM4bil previously) for the financial years ending Dec 31,2021 (FY21) and to RM4.6bil (from RM4.2bil previously) for FY22.
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