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Row erupts as Wahid Qureshi unilaterally renamed Punjabi market as Islamia Bazar in Mathura; locals denounce

Bursa Malaysia posts higher net profit of RM252 4m for FY23

Bursa Malaysia posts RM56 2mil net profit in 1Q

KUALA LUMPUR: Bursa Malaysia Bhd will implement initiatives that will improve operational and  cost efficiency, while being steadfast in strengthening market ecosystem and introducing new offerings, to enhance market vibrancy and attractiveness to investors, according to chief executive officer Datuk Muhamad Umar Swift.

Bursa Malaysia Announces RM56 2 Million Profit After Tax And Zakat For The First Quarter Of 2023

<p class="wysiwyg-text-align-center">Key Financial &amp; Market Highlights&nbsp;<span>(1Q2023 versus 1Q2022)</span></p> <ul> <li>Profit After Tax and Zakat at RM56.2 million, decreased by 17.4%</li> <li>Operating revenue at RM150.7 million, decreased by 6.4%</li> <li>Operating expenses at RM80.2 million, increased by 10.6%</li> <li>Cost-to-income ratio at 51%, increased by 7 percentage points</li> <li>Average daily trading value for Securities Market&rsquo;s on-market trades at RM2.1 billion,</li> <li>Securities Market velocity at 31%, decreased by 5 percentage points</li> <li>Average daily contracts traded for Derivatives Market at 71,366 contracts, decreased by 7.9%</li> <li>Average daily trading value for BSAS at RM52.1 billion, increased by 24.4%</li> &

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