Thursday, 9 February 2012

Bursa Q4 income rises to RM31m

Bursa Malaysia Bhd, the country’s stock exchange operator, said fourth-quarter net income rose to RM31.3 million from RM29.8 million a year earlier, according to a company statement in Kuala Lumpur today.

According to Chief Executive Officer Tajuddin Atan, Bursa is open to strategic alliances. He declined to give more details.

He also said that Bursa has targeted average trading value of at least RM1.6 billion this year for the nation’s stock market.

Last year’s target was the same and average trading value reached RM1.8 billion, he told reporters in Kuala Lumpur today. -- Bloomberg



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