Bursa Malaysia Bhd, the country’s stock exchange manager, expects “better overall performance” this year because measures by the government to liberalise the financial and services industry will promote investment.
Costs may increase because the company has “higher cost commitments” for 2010, the company said in a stock exchange filing today.
Bursa said fourth-quarter profit surged to RM96.3 million from RM13.5 million a year earlier.
Revenue increased to RM157.4 million from RM71.1 million, it said in a statement today.