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What’s on the table on 19 July with CIMB Research

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What’s on the table Results – Bursa Malaysia 2QFY10 below – Trading down Bursa’s 1H10 net profit (+10.1% yoy) was only 37-42% of our full-year forecast and consensus. The main culprit was velocity which came in at 31% vs. our full-year projection of 38%. Overall, equity trading revenue climbed 13.4% yoy but derivative revenue fell […]

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