According to Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift, (pic) domestic retail investors played a significant role in the market due to easy access and the low interest rate environment.
KUALA LUMPUR: Bursa Malaysia Bhd
posted an 87.5% increase in net profit to RM121.39mil in the first quarter (Q1) ended March 31,2021 from RM64.73mil in the previous corresponding quarter due to a jump in operating revenue.
Revenue was up 54.07% year-on-year (y-o-y) to RM232.28mil as average daily trading value for securities market’s on-market trades more than doubled to RM5.1bil in the quarter.For the quarter, the securities market registered trading revenue rose to RM150.9mil from RM78.1mil in the same period a year ago.
