Bursa Malaysia's highest H1 Patami

Kuala Lumpur: Bursa Malaysia Bhd registered a profit after tax and minority interest (Patami) of RM122 million for the first half ended June 30, 2018 (H1 2018), an increase of five per cent from RM116.2 million reported in the same period a year ago.The growth in Patami was primarily due to a 3.6 per cent year-on-year rise in operating revenue to RM279.1 million, it said in a filing to the exchange.

"This is Bursa Malaysia's highest half-year operating revenue since its listing in 2005.

Earnings per share for the first half of this year (H1 2018) rose to 15.1 sen from 14.4 sen in the previous corresponding period (after adjusting for the effects of bonus issue).

"Notwithstanding the various global and local events which have impacted emerging markets across the globe, Bursa Malaysia has delivered a commendable performance, achieving its highest ever half-year operating revenue, and highest recorded average daily trading value for the securities market's on-market trades of RM2.7 billion since its listing in 2005," Chief Executive Officer, Datuk Seri Tajuddin Atan said.

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The results, he noted, reflected the stock exchange operator's active efforts of injecting initiatives into the capital market to further stimulate long-term interest and enhance vibrancy.

Tajuddin said he was confident that on the back of strong economic fundamentals and the new government's approach towards strengthening transparency and accountability, as well as the principles of good public governance, the Malaysian capital market would continue to remain resilient.

Given time and with greater clarity, the new policies and governance reforms would drive confidence amongst investors and businesses in the country's economy and provide the exchange with new growth opportunities for the future, he added.

For the half-year under review, Securities Market trading revenue grew by 5.6 per cent to RM146.5 million from RM138.8 million in the previous corresponding period, while non-trading revenue increased by 5.1 per cent to RM86.4 million from RM82.2 million previously, contributed by higher listing and issuer services fees and depository services fees.

Derivatives Market trading revenue declined by 4.8 per cent to RM38.7 million in H1 2018 from RM40.7 million in H1 2017, due to lower number of derivatives contracts traded.

Average Daily Contracts for the Derivatives Market in H1 2018 was 54,794 compared with 59,818 in H1 2017, representing a decrease of 8.4 per cent.

As for the Islamic Capital Market, Bursa Suq Al-Sila' trading revenue declined by 4.6 per cent to RM7.4 million compared with the previous corresponding half year mainly due to a volume-based pricing mechanism introduced in December 2016.

For the second quarter ended June 30, 2018, Bursa Malaysia's Patami decreased by 2.2 per cent year-on-year to RM58.2 million.

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The Board of Directors has approved a first interim dividend of 14.0 sen per share and a special dividend of 8.0 sen per share for the financial year ending Dec 31, 2018, amounting to some RM177.6 million which is payable on Aug 29, 2018.

At 12.30 pm on Monday, Bursa Malaysia shares were flat at RM7.81 with 200,500 shares traded. – Bernama

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