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Friday, 3 February 2017

BURSA KLSE profits ended December 2016 was flat at RM50.16 million compared with RM50.60 million, a year ago, amid a volatile and challenging global economy.

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Bursa Malaysia CEO Datuk Seri said 2016 was an exceptionally challenging year for capital markets all over the world.

Multi Management andFuture Solutions Malaysia: BURSA Malaysia Bhd's final quarter benefits finished December 2016 was level at RM50.16 million contrasted and RM50.60 million, a year prior, in the midst of an unstable and testing worldwide economy. 

Its final quarter working income was down 10.1 for every penny to RM112.5 million from RM125.2 million. 

Bursa Malaysia CEO Datuk Seri Tajuddin Atan said 2016 was an uncommonly difficult year for capital markets everywhere throughout the world. 

He anticipated that market instability would continue in 2017 and subsequently, "the value market is relied upon to stay testing". 

"The Exchange remains warily idealistic, be that as it may, in view of the nation's solid monetary essentials and versatile managing an account framework. 

"These variables, together with our endeavors in keeping up a reasonable and precise market, will keep on supporting the development motivation for the capital market," Tajuddin said in a media preparation today. 

All in all, Bursa Malaysia's 2016 income fell 2.5 for every penny to RM193.62 million from RM198.61 million, posted in 2015. 

The stock trade administrator's 2016 working income had correspondingly fell 3.1 for every penny to RM472.7 million from RM487.7 million. 

Concerning the subsidiaries showcase, Tajuddin noted exchanging income added 3 for every penny to RM88.7 million in 2016 versus RM86.1 million in 2015. Exactly 14.2 million contracts were exchanged 2016 contrasted and 14.1 million contracts in 2015. 

Out of the aggregate of 14.2 million gets, the unrefined palm oil fates made up the majority of 11.4 million units. 

As profit per share for 2016 slid to 9.4 sen contrasted and 9.5 sen in 2015, Bursa Malaysia had proposed an unassuming and last profit of 17 sen for every share. 


"We stay focused on protecting business sector certainty and honesty. We additionally plan to give more noteworthy access to little medium undertakings to bring stores up in the nearby market," Tajuddin said.

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