KUALA LUMPUR, July 29 (Xinhua) – Bursa Malaysia saw its net profit drop by 29.07 percent year-on-year to 57.06 million ringgit (13.47 million U.S. dollars) in the second quarter ended June 30 amid slower trading.
The firm said in a bourse filing on Tuesday that its revenue for the quarter also fell 13.69 percent year-on-year to 172.58 million ringgit.
For the first half, the firm’s net profit declined by 19.29 percent year-on-year to 125.48 million ringgit, while its revenue decreased by 7.8 percent to 356.96 million ringgit.
In a separate statement, Bursa Malaysia said global developments, including the United States’ ongoing tariff negotiations with its trading partners and persistent geopolitical tensions, impacted the market sentiment and weighed on the equity market.
The firm noted that Malaysia’s capital market remains resilient, supported by strong economic fundamentals, accommodative monetary policies, and clear government policies, which are unlocking growth opportunities in strategic industries. (1 ringgit equals 0.24 U.S. dollar) ■
