Bursa Malaysia Berhad held its 10th annual Bursa Excellence Awards 2022 ceremony to honour the outstanding performance of brokers and market intermediaries in the Malaysian capital market. Themed “Recognising Excellence, Celebrating Success”, a total of 54 accolades spanning 24 categories in the Securities, Derivatives, and Islamic markets were awarded.
In 2022, the Exchange witnessed active trading of securities, at an Average Daily Trading Value (“ADV”) of RM2.1 billion. “Initial public offerings in 2022 were strong and vibrant,” said Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia. “We welcomed 35 IPOs in 2022,the highest on the Exchange since 2007, which raised a total of RM3.5 billion and contributed RM11.15 billion to the overall market capitalisation of RM1.74 trillion.”
“The derivatives market, on the other hand, recorded an all-time high in trading volume last year, achieving a record high of 19.1 million contracts traded in 2022, surpassing the previous high of 18.4 million contracts registered in 2021. Meanwhile, our Commodity Murabahah platform Bursa Suq Al-Sila performed similarly well in the Islamic Capital Market, with 22.3 percent higher ADV, up from RM37.3 billion in 2021 to RM45.6 billion in 2022,” he added.
Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia added, “Given the rising global competition, it is imperative that we maintain our endeavours to promote our market and its various investment options, catering to the diverse risk appetites of investors. Working closely with our broker partners is essential in producing our collective desired
outcomes, and we will continue to do so to raise public awareness about investing and make our market dynamic and appealing to investors.”