Umar said the exchange is cautiously optimistic in meeting all five headline KPIs, as announced earlier in January 2023.
will implement initiatives that will improve operational and cost efficiency, while being steadfast in strengthening market ecosystem and introducing new offerings, to enhance market vibrancy and attractiveness to investors, according to chief executive officer Datuk Muhamad Umar Swift.
Umar said the exchange is cautiously optimistic in meeting all five headline KPIs, as announced earlier in January 2023, provided that no unforeseen circumstances arise during the year. The decline in PAT is primarily due to a 13.4% decrease in the securities market’s operating revenue to RM100.0mil in 1Q23 from RM115.6mil in 1Q2022.
On the Islamic Market front, higher trading activity in Bursa Suq Al-Sila’ resulted in an 18.5% increase in trading revenue to RM4.5mil in 1Q23 from RM3.8mil in 1Q22.
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