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{{short description|Exchange holding company located in Kuala Lumpur, Malaysia}}
{{Short description|Malaysian stock exchange}}
{{for|the companies publicly traded on the Malaysia Exchange|List of companies listed on the Malaysia Exchange}}
{{for|the companies publicly traded on the Malaysia Exchange|List of companies listed on the Malaysia Exchange}}
{{EngvarB|date=March 2018}}
{{EngvarB|date=March 2018}}
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|name = Bursa Malaysia
|name = Bursa Malaysia
|alt_name =
|alt_name =
|logo = Bursa Malaysia logo.png
|logo = Bursa Malaysia, the stock exchange in Malaysia.png
|image = Börse Kuala Lumpur.jpg
|image = Börse Kuala Lumpur.jpg
|type = [[Stock exchange]]
|type = [[Stock exchange]]
|city = [[Exchange Square (Kuala Lumpur)|Exchange Square]], [[Kuala Lumpur]]
|city = [[Exchange Square (Kuala Lumpur)|Exchange Square]], [[Kuala Lumpur]]
|country = [[Malaysia]]
|country = [[Malaysia]]
|coor =
|coor ={{Coord|3|8|53.92|N|101|42|4.66|E}}
|foundation = 1964
|foundation = {{date and age|1964}}
|owner =
|owner =
|key_people = ([[Chairman]])Abdul Wahid Omar <small>([[Chairman]])</small><ref>{{cite web |title=DATUK SHIREEN MUHIUDEEN NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA |url=http://www.bursamalaysia.com/corporate/media-centre/media-releases/5981 |access-date=10 April 2019}}</ref>
|key_people = Abdul Wahid Omar <small>([[Chairman]])</small><ref>{{cite web |title=DATUK SHIREEN MUHIUDEEN NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA |url=http://www.bursamalaysia.com/corporate/media-centre/media-releases/5981 |access-date=10 April 2019 |archive-date=10 April 2019 |archive-url=https://web.archive.org/web/20190410044757/http://www.bursamalaysia.com/corporate/media-centre/media-releases/5981 |url-status=live }}</ref>
<br />Muhamad Umar Swift <small>([[Chief executive officer|CEO]])</small><ref>{{cite web |title=DATUK MUHAMAD UMAR SWIFT APPOINTED AS CHIEF EXECUTIVE OFFICER OF BURSA MALAYSIA |url=http://www.bursamalaysia.com/corporate/media-centre/media-releases/5925 |access-date=10 April 2019}}</ref>
<br />Muhamad Umar Swift <small>([[Chief executive officer|CEO]])</small><ref>{{cite web |title=DATUK MUHAMAD UMAR SWIFT APPOINTED AS CHIEF EXECUTIVE OFFICER OF BURSA MALAYSIA |url=http://www.bursamalaysia.com/corporate/media-centre/media-releases/5925 |access-date=10 April 2019 |archive-date=10 April 2019 |archive-url=https://web.archive.org/web/20190410044754/http://www.bursamalaysia.com/corporate/media-centre/media-releases/5925 |url-status=live }}</ref>
|currency =
|currency = [[Malaysian ringgit|Ringgit]]
|commodity =
|commodity =
|listings = 801 and 1600 Employees
|listings = 983
|mcap = [[United States dollar|USD]]$397.39 billion
|mcap = [[United States dollar|USD]] $397.39 billion
|indexes =
|indexes = [[FTSE Bursa Malaysia KLCI]]
|homepage = {{URL|http://www.bursamalaysia.com}}
|homepage = {{URL|https://www.bursamalaysia.com/}}
|footnotes =
|footnotes =
|image_caption=Bursa Malaysia's headquarters in Kuala Lumpur, Malaysia|coordinates={{Coord|3|8|53.92|N|101|42|4.66|E}}}}
}}


'''Bursa Malaysia''' is the [[stock exchange]] of [[Malaysia]]. It is one of the largest bourses in ASEAN. <ref>{{Cite web |title=Overview |url=https://www.bursamalaysia.com/about_bursa/about_us/overview |access-date=2022-03-30 |website=www.bursamalaysia.com}}</ref> It is based in [[Kuala Lumpur]] and previously known as the [[Kuala Lumpur Stock Exchange]] (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services.<ref>{{cite web|title=INVESTMENT IN MALAYSIA|url=http://www.atimes.com/se-asia/BI02Ae05.html|archive-url=https://web.archive.org/web/20020809213319/http://www.atimes.com/se-asia/BI02Ae05.html|url-status=unfit|archive-date=9 August 2002|access-date=10 December 2012|publisher=Asia Times}}</ref>
'''Bursa Malaysia''' is the [[stock exchange]] in [[Malaysia]]. It is one of the largest bourses in [[ASEAN]].<ref name=":0">{{Cite web |title=Overview |url=https://www.bursamalaysia.com/about_bursa/about_us/overview |access-date=2022-03-30 |website=www.bursamalaysia.com |archive-date=13 August 2023 |archive-url=https://web.archive.org/web/20230813093149/http://www.bursamalaysia.com/about_bursa/about_us/overview |url-status=live }}</ref> It is based in [[Kuala Lumpur]] and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides full integration of transactions, offering a wide range of currency exchange and related services, including trading, settlement, clearing and savings services.<ref name=":1">{{cite web|title=Chapter 5: Investment in Malaysia |url=http://www.atimes.com/se-asia/BI02Ae05.html|archive-url=https://web.archive.org/web/20020809213319/http://www.atimes.com/se-asia/BI02Ae05.html|url-status=unfit|archive-date=9 August 2002| date= 2 September 2000 |publisher=Asia Times}}</ref>

Along with the [[Securities Commission Malaysia|Securities Commission of Malaysia]], the stock exchange regulates the capital market in Malaysia and, through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives.<ref name=BMoverview>{{Cite web |title=Overview |url=https://www.bursamalaysia.com/regulation/overview |access-date=2022-05-19 |website=www.bursamalaysia.com |archive-date=25 January 2023 |archive-url=https://web.archive.org/web/20230125101527/https://www.bursamalaysia.com/regulation/overview |url-status=live }}</ref>


== History ==
== History ==
Bursa Malaysia was established in 1930 when the [[Singapore]] Stockbrokers Association became an official organization of securities in [[British Malaya|Malaya]]. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on May 9 that year. In 1961, a board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur.
Bursa Malaysia was established in 1930, when the [[Singapore]] Stockbrokers Association became an official organization of securities in [[British Malaya|Malaya]]. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on 9 May that year. In 1961, a board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur. The two trading rooms were linked by direct [[telephone]] lines into a single market with the same stocks and shares listed at a single set of prices on both boards.{{Citation needed|date=October 2023}}


The Malaysian Stock Exchange was formally formed in 1964 and in the following year, with the [[Singapore in Malaysia|separation of Singapore from Malaysia]], the stock exchange continued to function under the Malaysian and Singapore Stock Exchange (MSSE). In 1973, with the termination of currency exchange between Malaysia and Singapore, MSSE split into two which is the [[Kuala Lumpur Stock Exchange]] (KLSE) and the [[Stock Exchange of Singapore]] (SES).<ref>{{cite web|title=Bursa Malaysia history|url=http://www.klse.com.my/website/bm/about_us/the_organisation/history.html|url-status=dead|archive-url=https://web.archive.org/web/20070419190041/http://www.klse.com.my/website/bm/about_us/the_organisation/history.html|archive-date=19 April 2007|df=dmy}}</ref>
The Malaysian Stock Exchange was formally formed in 1964, and in the following year, with the [[Singapore in Malaysia|separation of Singapore from Malaysia]], the stock exchange continued to function under the Malaysian and Singapore Stock Exchange (MSSE).


In 1973, with the termination of currency interchangeability between Malaysia and Singapore, the SEMS was separated into the Kuala Lumpur Stock Exchange Bhd (KLSEB) and the [[Stock Exchange of Singapore]] (SES). Malaysian companies continued to be listed on SES and vice versa. A new company limited by guarantee, The Kuala Lumpur Stock Exchange (KLSE) took over operations of KLSEB as the stock exchange. In 1994, it was renamed Kuala Lumpur Stock Exchange.
== Renaming ==

Kuala Lumpur Stock Exchange (KLSE) was renamed Bursa Malaysia in 2004 and it consists of a Main Board, a Second Board and [[MESDAQ]] (now ACE Market).<ref>{{cite web|title=South East Asian Capital Market Leaders Pursue Sustainable Business Agenda|url=http://www.sseinitiative.org/home-slider/south-east-asian-capital-market-leaders-pursue-sustainable-business-agenda/|access-date=23 May 2015|website=SSE Initiative|publisher=SSE Initiative}}</ref>
It also fully suspended the trading of CLOB (Central Limit Order Book) counters, indefinitely freezing approximately US$4.47 billion worth of shares and affecting 172,000 investors, most of them Singaporeans.<ref name=":0" /><ref name=":1" /><ref name=BMoverview/>

Kuala Lumpur Stock Exchange (KLSE) became a demutualized exchange and was renamed Bursa Malaysia in 2004. It consists of a Main Board, a Second Board and [[MESDAQ]] (now ACE Market) with total market capitalization of ([[United States dollar|USD]]$397.39 billion).

On 7 May 2024, Bursa Malaysia hit RM2 trillion in market capitalisation for the first time.<ref>{{Cite web |last=Aman |first=Azanis Shahila |date=2024-05-08 |title=Malaysian equities market cap hits RM2 trillion, FBM KLCI at more than two-year-high {{!}} New Straits Times |url=https://www.nst.com.my/business/corporate/2024/05/1047672/malaysian-equities-market-cap-hits-rm2-trillion-fbm-klci-more-two |access-date=2024-05-24 |website=NST Online |language=en}}</ref><ref>{{Cite web |title=Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion |url=https://www.thestar.com.my/business/business-news/2024/05/07/bursa-malaysia-hits-more-than-rm2-trillion-in-market-capitalisation |access-date=2024-05-24 |website=The Star |language=en}}</ref>


== See also ==
== See also ==
* [[Economy of Malaysia]]
* [[Economy of Malaysia]]
* [[List of Southeast Asian stock exchanges]]
* [[List of ASEAN stock exchanges by market capitalization]]
* [[List of stock exchanges in the Commonwealth of Nations]]
* [[List of stock exchanges in the Commonwealth of Nations]]
* [[List of stock exchanges]]
* [[List of stock exchanges]]
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== External links ==
== External links ==
{{commons category}}
* {{official|http://www.bursamalaysia.com/}}
* {{official|http://www.bursamalaysia.com/}}

{{Malaysia topics}}
{{Malaysia topics}}
{{Economy of Malaysia}}
{{Economy of Malaysia}}{{Stock exchanges top 20}}{{World Federation of Exchanges}}
{{World Federation of Exchanges}}
{{Portal bar|Malaysia|Economics}}
{{Portal bar|Malaysia|Economics}}


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[[Category:Bursa Malaysia| ]]
[[Category:Bursa Malaysia| ]]
[[Category:Financial services companies established in 1964]]
[[Category:Financial services companies established in 1964]]
[[Category:Stock exchanges in Malaysia]]
[[Category:Economy of Malaysia]]
[[Category:Economy of Malaysia]]
[[Category:Ministry of Finance (Malaysia)]]
[[Category:Ministry of Finance (Malaysia)]]
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[[Category:Minister of Finance (Incorporated) (Malaysia)]]
[[Category:Minister of Finance (Incorporated) (Malaysia)]]
[[Category:Government-owned companies of Malaysia]]
[[Category:Government-owned companies of Malaysia]]
[[Category:1964 establishments in British Malaya]]
[[Category:1964 establishments in Malaysia]]
[[Category:1964 establishments in Malaysia]]
[[Category:Stock exchanges in Southeast Asia]]
[[Category:Stock exchanges in Southeast Asia]]


{{stockexchange-stub}}
{{malaysia-stub}}

Latest revision as of 20:32, 24 November 2024

Bursa Malaysia
Bursa Malaysia's headquarters in Kuala Lumpur, Malaysia
TypeStock exchange
LocationExchange Square, Kuala Lumpur, Malaysia
Coordinates3°8′53.92″N 101°42′4.66″E / 3.1483111°N 101.7012944°E / 3.1483111; 101.7012944
Founded1964; 61 years ago (1964)
Key peopleAbdul Wahid Omar (Chairman)[1]
Muhamad Umar Swift (CEO)[2]
CurrencyRinggit
No. of listings983
Market capUSD $397.39 billion
IndicesFTSE Bursa Malaysia KLCI
Websitewww.bursamalaysia.com

Bursa Malaysia is the stock exchange in Malaysia. It is one of the largest bourses in ASEAN.[3] It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides full integration of transactions, offering a wide range of currency exchange and related services, including trading, settlement, clearing and savings services.[4]

Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and, through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives.[5]

History

[edit]

Bursa Malaysia was established in 1930, when the Singapore Stockbrokers Association became an official organization of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on 9 May that year. In 1961, a board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur. The two trading rooms were linked by direct telephone lines into a single market with the same stocks and shares listed at a single set of prices on both boards.[citation needed]

The Malaysian Stock Exchange was formally formed in 1964, and in the following year, with the separation of Singapore from Malaysia, the stock exchange continued to function under the Malaysian and Singapore Stock Exchange (MSSE).

In 1973, with the termination of currency interchangeability between Malaysia and Singapore, the SEMS was separated into the Kuala Lumpur Stock Exchange Bhd (KLSEB) and the Stock Exchange of Singapore (SES). Malaysian companies continued to be listed on SES and vice versa. A new company limited by guarantee, The Kuala Lumpur Stock Exchange (KLSE) took over operations of KLSEB as the stock exchange. In 1994, it was renamed Kuala Lumpur Stock Exchange.

It also fully suspended the trading of CLOB (Central Limit Order Book) counters, indefinitely freezing approximately US$4.47 billion worth of shares and affecting 172,000 investors, most of them Singaporeans.[3][4][5]

Kuala Lumpur Stock Exchange (KLSE) became a demutualized exchange and was renamed Bursa Malaysia in 2004. It consists of a Main Board, a Second Board and MESDAQ (now ACE Market) with total market capitalization of (USD$397.39 billion).

On 7 May 2024, Bursa Malaysia hit RM2 trillion in market capitalisation for the first time.[6][7]

See also

[edit]

References

[edit]
  1. ^ "DATUK SHIREEN MUHIUDEEN NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA". Archived from the original on 10 April 2019. Retrieved 10 April 2019.
  2. ^ "DATUK MUHAMAD UMAR SWIFT APPOINTED AS CHIEF EXECUTIVE OFFICER OF BURSA MALAYSIA". Archived from the original on 10 April 2019. Retrieved 10 April 2019.
  3. ^ a b "Overview". www.bursamalaysia.com. Archived from the original on 13 August 2023. Retrieved 30 March 2022.
  4. ^ a b "Chapter 5: Investment in Malaysia". Asia Times. 2 September 2000. Archived from the original on 9 August 2002.
  5. ^ a b "Overview". www.bursamalaysia.com. Archived from the original on 25 January 2023. Retrieved 19 May 2022.
  6. ^ Aman, Azanis Shahila (8 May 2024). "Malaysian equities market cap hits RM2 trillion, FBM KLCI at more than two-year-high | New Straits Times". NST Online. Retrieved 24 May 2024.
  7. ^ "Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion". The Star. Retrieved 24 May 2024.
[edit]