This was a 38.8% drop from RM290.3 million recorded in the same period last year.
The exchange attributed the poorer performance to lower operating revenue, which dropped 24.6% to RM445.2 million from RM590 million in the previous corresponding period.
However, the exchange reported a marginal increase in total operating expenses at RM214.7 million, a 0.7% increase from the RM213.2 million the year before.
“As global volatility and the higher interest rate environment continue to challenge our securities market business, improvements in the performance of the derivatives market as well as market data businesses have helped to contribute to our profit numbers during this financial period,” Bursa CEO Umar Swift said.
“We will continue to ensure that the exchange innovates and remains agile to generate increased volumes, thus contributing to higher revenue streams in all segments of our business in this investment climate,” he said in a statement today.
Meanwhile, the securities market registered a trading revenue of RM203 million, a decrease of 43.6% from the RM359.9 million recorded in the same period last year.
Bursa attributed this to a lower average daily trading value for the securities market’s on-market trades and direct business trades, which stood at RM2.2 billion this year against RM4 billion last year.
Trading velocity fell by 24 percentage points to 30% as compared to 54% in the same period in 2021.
As for new listings, funds raised through initial public offerings totalled RM2.8 billion, an increase from the RM2.3 billion recorded in 2021.
Total derivatives trading revenue stood at RM73.4 million, up 11.5% from the RM65.8 million recorded last year.
For Islamic markets, higher trading activity in Bursa Suq Al-Sila’ resulted in an increase of trading revenue by 17.3% to RM11.8 million in 2022, from RM10.1 million in 2021.
Market data business closed the first nine months of 2022 with a total revenue of RM45.8 million, a 15.9% increase compared to RM39.5 million last year, driven by a higher number of subscribers.