PETALING JAYA: Bursa Malaysia Bhd
’s net profit growth is likely to be in the triple-digit range or about 117% for its fourth quarter ended Dec 31,2020 (Q4).
CGS-CIMB, in a note, said the net profit will be driven by a 143% jump in the average daily trading value (ADTV) for the equity market in Q4 due to higher retail interest.
It estimates a net profit of RM99mil for Q4 though 18.5% lower than the RM121mil recorded in Q3.
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