KUALA LUMPUR, April 28 ― Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2022 slipped to RM67.97 million from RM121.39 million in the same period a year ago.
Chief executive officer Datuk Muhamad Umar Swift said average daily trading value of securities continued to normalise to pre-pandemic levels which contributed to the decline in profit for the current year quarter compared to same quarter last year. The segment registered a trading revenue of RM80.4 million, down 46.7 per cent from RM150.9 million in Q1 FY2021, owing to the lower Average Daily Trading Value for Securities Market’s On-Market Trades and Direct Business Trades in Q1 FY2022 of RM2.7 billion against RM5.2 billion in the same period last year.
However, the total derivatives trading revenue increased by 3.4 per cent to RM23.3 million from RM22.6 million previously, it said. “Listing and issuer services rose 7.2 per cent to to close first quarter at RM16.9 million compared to RM15.8 million in Q1 FY2021,” it said.
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