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KUALA LUMPUR (July 30): Bursa Malaysia Bhd reported a 2.2% decline in net income compared to the second quarter ending June 30, 2018 (2F18) at RM 58.21 million, compared to 59, RM 54 million. Its income per share fell to 7.2 sen in 2QFY18, against 7.4 sen in the corresponding quarter a year ago.
The turnover amounted to RM 140.56 million, a decrease of 1.5% compared to RM142.67 Its board of directors approved a first interim dividend of 14 sen per share and a special dividend of 8 sen per share for the year ended December 31, 2018, rising to around RM177.6 In comparison, it is lower than the dividend of 35 sen that the company said in July 2017, which was a special dividend of 15 sen in addition to the interim dividend of 20 sen first per share
. Bursa Malaysia said today that the securities market has fallen by 1.9% to RM 87.9 million, compared to RM 88.9 million in 2QFY17, mainly due to lower trading revenues in the same period. during the quarter under review.
Trading revenue decreased due to lower effective compensation rate.
The effective clearing fee rate of 2.15 basis points in 2Q18 was less than 2.34 basis points in 2Q17, due to the higher proportion of trades subject to the clearing fee cap . 19659002] In the derivatives market, Bursa Malaysia reported a 10.8% rise in profit to RM 11.6 million compared to RM10. Segment expenses decreased by 6.8% in Q2-18, primarily due to lower service fees as a result of the decrease in the number of contracts traded during the quarter.
For the first half of the fiscal year (1HFY18), net profit The cumulative business figure has meanwhile increased by 2.1% to 291.27 million RM during the period under review, rising from RM285.36 million in the first half of the year17. Bursa Malaysia CEO, Datuk Seri Tajuddin Atan, said Bursa Malaysia's performance was commendable, since it reached its highest half-yearly operating profit of RM 279.1 million, and the highest average trading value recorded on the stock market. "As we move into a new Malaysia, I am confident that based on strong economic fundamentals and the new government's approach to enhance transparency and accountability, as well as the principles of the Malaysian capital market. will continue to resist good public governance.
"Over time and with greater clarity, new policies and governance reforms will engender investor and investor confidence. Bursa Malaysia shares remained unchanged at RM 7.81 at noon today, with a market capitalization of RM 6.3 billion.
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