BURSA's performance is like a thermometer for the stock market 🌡️, and the temperature is rising🔝.
BURSA's performance reflects the trading data of the Malaysian stock market, and better performance indicates higher market sentiment. Therefore, the stock price broke through a new high of 2 and a half years today after Labor Day, reaching RM7.68 at one point.
The latest quarterly revenue is at a new high for three quarters, and based on the market activity in April, Q2 is expected to continue to grow Qoq.
Last year, due to one-time profit in Q2, the net income of RM74.33 million was considered a new high in more than two years. Based on the current performance and market outlook, BURSA is expected to strive for a net income of RM300 million this year, with a potential dividend of 35 sen.
I hope that all readers who read this article can have a performance in their investments this year that rises steadily like BURSA!
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