Bursa Malaysia Registers Profit After Tax And Minority Interest Of Rm143.5 Million For Nine Months Ended 30 September 2016

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) recorded a marginal drop of 3.1 per cent in profit after tax and minority interest (“PATAMI”) at RM143.5 million for the nine months ended 30 September 2016 (“9M2016”), compared to the same period last year. Operating revenue dropped marginally to RM360.2 million and operating expenses registered a slight increase of 3.8 per cent to RM181.4 million.

The annualised return on equity (“ROE”) and cost-to-income ratio stood at 24 per cent and 47 per cent respectively for the period under review.

Datuk Seri Tajuddin Atan, Chief Executive Officer of Bursa Malaysia said, “For the first nine months of the year, Bursa Malaysia recorded a marginal drop in PATAMI and operating revenue, on the back of weaker sentiments influenced by global and local economic developments.”

During the first nine months ended 30 September 2016, the Average Trading Value (“ADV”) of Securities Market’s On-Market Trades (“OMT") slipped 6.1 per cent to RM1.85 billion. Average Daily Contracts (“ADC”) on the Derivatives Market grew by 2.0 per cent to reach 58,686 contracts, as a result of an increase in the volume of Crude Palm Oil Futures Contracts. 

On the Islamic Capital Market front, the introduction of Bursa Malaysia-i, the world’s first integrated Islamic exchange platform, will further attract a wider pool of both domestic and foreign investors. Transactions on Bursa Suq Al-Sila’ (“BSAS”) are expected to be sustained with the demand for Murabaha contracts to aid liquidity management. BSAS recorded a commendable increase of 18.5 per cent in its ADV to RM16.4 billion. 

Market capitalisation increased 5.6 per cent to RM1.69 trillion on 30 September 2016.

PATAMI for the third quarter of 2016 (“3Q2016”) was down 14.4 per cent compared to the corresponding quarter of last year as a result of lower operating revenue. The ADV of Securities Market’s OMT slipped 9.9 per cent to RM1.74 billion, while ADC traded on the Derivatives Market decreased by 8.9 per cent to 56,459 contract in 3Q2016. In the Islamic Capital Market, the ADV on BSAS stood at RM15.2 billion, easing 5.2 per cent from 3Q2015.

“Our commitment is to propel Bursa Malaysia to be a leading marketplace in Asia, hence we will remain focused on initiatives aimed at providing a more conducive investment and trading environment for local institutions, retail investors and foreign investors. This includes diversifying and widening our tradeable product offerings. I am confident that the Exchange will continue to show satisfactory achievements,” Datuk Seri Tajuddin Atan concluded.