Bursa Forecasted To Record 11% Earnings In Q2 As ADV Soars
Bursa Forecasted To Record 11% Earnings In Q2 As ADV Soars
Bursa Malaysia's performance reflects a revaluation aligned with regional benchmarks following a robust performance in the second quarter of the Calendar Year (CY2024), as cited by Kenanga Investment Bank (Kenanga) in their report today (July 15, Monday).
股票交易所马来西亚的表现反映了区域基准的重估，这是在通达投资银行（通达）今日（7月15日，星期一）发布的报告中指出的，第二季度日历年（CY2024）表现强劲。
Kenanga gave Bursa Malaysia a MARKET PERFORM rating and raised its target price based on stronger-than-expected average daily value (ADV) metrics in 2QCY24, reaching RM3.61 billion, up by 23% quarter-on-quarter and 103% year-on-year, to an increased target price (TP) of RM9.90, up by 48%. This surge was bolstered by increased interest in large-cap stocks, supported by favourable investment themes and economic developments in Johor.
通达对马来西亚股票交易所的股票市场表现给予了“市场表现”评级，并根据2QCY24的强劲日均交易值（ADV）指标将其目标价提高，达到了36.1亿马币，环比增长23％，同比增长103％，目标价提高到了9.90马币，上涨了48％。这一涨势得到了大市值股票投资主题以及柔佛经济发展的支持。
The bank forecasts Bursa Malaysia's upcoming core earnings for 2nd Quarter Fiscal Year 2024 (2QFY24) to potentially range between RM80 million and RM85 million, marking an 11% quarter-on-quarter increase and a robust 70% year-on-year growth, driven by heightened ADV performance and market sentiment.
该银行预计Bursa Malaysia在2024年财政年度第二季度（2QFY24）的核心盈利可能在8000万至8500万马币之间，环比增长11％，同比增长70％，这是由于ADV表现和市场情绪的增强所推动的。
In addition to the TP upgrade, Kenanga adjusted its forward price-to-earnings ratio (PER) for FY25F to 25x, aligning it with global financial exchange peers amidst heightened trading activities. The revision underscores positive sentiment and potential upside in Bursa Malaysia shares amid a favourable market cycle and lean cost structure advantageous in a market upswing.
除了目标价升级，通达还将FY25F的前瞻市盈率（PER）调整为25倍，使其与全球金融交易所同行的水平保持一致，这是在交易活动增加的背景下。这一修订强调了市场周期和瘦身成本结构有利于市场上涨的积极情绪和潜在上行空间。