Kenanga Research expects trading sentiment to remain subdued in the second half of the year.
PETALING JAYA: A lower average daily value (ADV) of trading activity is expected to weigh on stock exchange operator Bursa Malaysia Bhd
’s net profit for the second quarter ended June 30, 2025 (2Q25).
Kenanga Research, which has maintained a “market perform” call on the stock with a higher target price of RM8 from RM7.80, said the ADV for 2Q25 of RM2.29bil came in below its expectations of RM3bil.
