KUALA LUMPUR: Bursa Malaysia Bhd's share price breached its 52-week high of RM7.65 today, after posting a 33 per cent jump in net profit for the first quarter ended March 31, 2024.
It hit a high of RM7.68 a share earlier today.
The company's performance was driven by a 23.0 per cent year-on-year (y-o-y) increase in the securities market's operating revenue to RM123.1 million in 1Q 2024 from RM100.0 million in 1Q 2023.
As at 11.15am, it was trading at RM7.62 a share, giving it a market capitalisation of almost RM6.2 billion.
Bursa Malaysia has set five key performance indicators for the year, which include achieving a pre-tax profit of RM323 million, and boosting non-trading revenue growth rate of 5.0-7.0 percent from FY2023.