Bursa forecast to report stronger results for 3Q24


HLIB Research projected Bursa would record quarterly core earnings of RM87mil.

PETALING JAYA: Bursa Malaysia is expected to post sequentially stronger earnings for the third quarter ended Sept 30, 2024 (3Q24), as higher derivatives average daily contracts (ADC) offset lower securities average daily volume (ADV).

During the quarter, the group saw its derivatives ADC rise 14.9% quarter-on-quarter (q-o-q) or 34.1% year-on-year (y-o-y) to 98,400, while securities ADV declined 2.5% q-o-q, but rose 65.8% y-o-y to RM3.5bil.

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