media release 17jun

Media Releases

Bursa Malaysia Registers 145% Growth In 2007 Half Year Net Profit, Declares 156% Increase In Interim Gross Dividend

Bursa Malaysia Berhad (Bursa Malaysia) today announced a net profit of RM135.2 million for the half year ended 30 June 2007, a 145% increase compared to the net profit of RM55.2 million for the corresponding period last year. The strong half year performance has also surpassed the annual net profit for 2006 which was at RM108.9 million. Bursa Malaysia also declared an interim gross dividend of 32 sen per share, a 156% increase from the gross dividend of 12.5 sen per share for the first half of 2006.

Bursa Malaysia’s Chief Executive Officer, Dato’ Yusli Mohamed Yusoff said, “The sterling performance in the last two quarters augurs well for the rest of the year. Despite the volatility, our market is still rated as one of the region’s best performing markets. The Malaysian equities and derivatives markets have continued to achieve high trading values and volumes respectively which are reflected in the Group’s increase in revenues. The Kuala Lumpur Composite Index broke numerous records for the past months and our derivatives products have shown marked increase in volumes and open positions.”

Bursa Malaysia’s operating revenue for the half year ended 30 June 2007 grew by 87% to RM239.2 million from RM127.8 million in the same period last year. This growth is attributed to a buoyant and volatile equity market which traded at a daily average trading value (on-market and direct business) of RM2.7 billion compared to RM1.1 billion recorded in the corresponding period last year. The bullish equity market contributed to a strong increase in revenue from the equity market by 123% to RM164.5 million from RM73.9 million in the corresponding period last year. Additionally, velocity for the period under review rose to 62%, compared to 35% in the first half year of 2006.