Bursa Malaysia Berhad is the company that operates the stock exchange of Malaysia, Bursa Malaysia. The exchange holding company is traded under the stock code 1818 and is a fully integrated exchange where it offers a full range of services.
Bursa Malaysia index
Bursa Malaysia is the exchange that offers services including:
- Share trading
Background of Malaysia’s bourse
Bursa Malaysia was once known as the KLSE or Kuala Lumpur Stock Exchange. This dates to as far back as 1930 during the setting up of the Singapore Stockbrokers’ Association. This would be the first formal securities business organization in Malaysia before it was changed to the Malayan Stockbrokers’ Association 7 years later. In 1960, it became the Malayan Stock Exchange where public trading of shares then started. This was at a time when direct telephone lines were used in the trading rooms in Kuala Lumpur and Singapore.
4 years after that, it became the Stock Exchange of Malaysia before changing to become Stock Exchange of Malaysia and Singapore a year later which will then be further divided between Malaysia and Singapore in 1973. In 2004, it became Bursa Malaysia.
Bursa Malaysia Berhad is among the better performing shares in Bursa Malaysia. With the many changes in the Malaysian economy over the past few decades and several rebranding exercises, Bursa Malaysia has been evolving to remain relevant in today’s market, something it has succeeded in doing in many areas.