External broker reports(aggregated public sources), Kenanga Investment Bank Bhd

Kenanga Investment Bank Bhd

External broker reports(aggregated public sources)

Established for more than 45 years, Kenanga Investment Bank Berhad is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>We maintain our TP of RM6.25 and MP call. 2QCY23 average daily value (ADV) disappointed as sentiment was not met with favourable conditions once again.</li><li>We anticipate downside pressures to be fairly limited going forward as macro outlook stabilises.</li><li>At the meantime, BURSA continues to develop nontrading revenue streams to diversify its operations. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We maintain our TP of RM6.25 and MP call. 2QCY23 average daily value (ADV) disappointed as sentiment was not met with favourable conditions once again.We anticipate downside pressures to be fairly limited going forward as macro outlook stabilises.At the meantime, BURSA continues to develop nontrading revenue streams to diversify its operations. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bursa Malaysia Bhd - ADVs Still Lacklustre  - 18 Jul 2023

<ul><li>We maintain our TP of RM6.25 and MP call. The government has announced its intention to reduce stamp duty rate for securities transactions on BURSA to 0.10% from 0.15% of contract value.</li><li>This will be effective July 2023 onwards.</li><li>This is a positive to the overall trading market, albeit the immediate impact may be wanting given the softer general sentiment and underperformance so far.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We maintain our TP of RM6.25 and MP call. The government has announced its intention to reduce stamp duty rate for securities transactions on BURSA to 0.10% from 0.15% of contract value.This will be effective July 2023 onwards.This is a positive to the overall trading market, albeit the immediate impact may be wanting given the softer general sentiment and underperformance so far.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bursa Malaysia - Stamp Duty Relief from July 2023

Malaysia

Bursa Malaysia Bhd is a fully integrated exchange, offering a wide range of exchange-related services, including trading, clearing, settlement, and depository services. The exchange also offers information services related to the Malaysian securities market.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Bursa Malaysia (BURSA MK)

Bursa Malaysia Bhd - ADVs Still Lacklustre - 18 Jul 2023

We maintain our TP of RM6.25 and MP call. 2QCY23 average daily value (ADV) disappointed as sentiment was not met with favourable conditions once...

Kenanga Investment Bank Bhd

Bursa Malaysia - Stamp Duty Relief from July 2023

This is a positive to the overall trading market, albeit the immediate impact may be wanting given the softer general sentiment and...

Kenanga Investment Bank Bhd

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)