Bursa Malaysia Registers Profit After Tax And Minority Interest Of Rm99.4 Million For The First Half Of 2016

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) registered a 3.0 per cent increase in Profit After Tax and Minority Interest (“PATAMI”) of RM99.4 million, for the first half ended 30 June 2016 (“1H2016”) compared to the same period last year on the back of higher operating revenue. Bursa Malaysia continued to record a Return on Equity (“ROE”) performance of 25 per cent, despite global and domestic market challenges.

Datuk Seri Tajuddin Atan, Chief Executive Officer of Bursa Malaysia said, “Despite challenging market conditions our PATAMI for 1H2016 is the best first half results since 2008. While trading revenue in the Securities Market decreased marginally due to lower trading activities, the Derivatives Market trading revenue increased, as did the Islamic Capital Market’s Bursa Suq Al-Sila (“BSAS”) trading revenue following the adoption of the Murabaha concept and higher usage of Tenor Based Pricing.”

For the period under review, the average daily trading value (“ADV”) for the Securities Market’s On-Market Trades (“OMT”) fell by 4.2 per cent to RM1.91 billion. The Average Daily Contracts (“ADC”) for the Derivatives Market grew by 8.1 per cent to reach 59,790 contracts, driven by growth in the volume of FCPO and FKLI Contracts. On the Islamic Capital Market front, BSAS recorded growth of 33.5 per cent in ADV to reach RM17.0 billion.

Bursa Malaysia’s second quarter of 2016 (“2Q2016”) PATAMI remained stable at RM49.5 million compared to the corresponding quarter ended 30 June 2015 (“2Q2015”). The ADV for Securities Market’s OMT moderated to RM1.84 billion in 2Q2016, while ADC traded for the Derivatives Market increased by 21.7 per cent to reach 61,611 contracts in 2Q2016. For the Islamic Capital Market, the ADV of BSAS stood at RM15.4 billion, up by 13.6 per cent from 2Q2015.

Datuk Seri Tajuddin said, “Notwithstanding the challenging external environment, to-date our market integrity is intact with trading activities taking place in a fair and orderly manner, supported by adequate safeguards. The Exchange remains cautiously optimistic on its performance for the year, and committed in its efforts to make the Malaysian equity and derivatives markets more attractive and vibrant. On our part, we will continue to intensify our engagements to attract more retail and institutional participation.”

The financial results for 1H2015 are available on Bursa Malaysia’s website (http://www.bursamalaysia.com/corporate/media-centre)