Bursa Malaysia is the
stock exchange of
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
. It is one of the largest bourses in ASEAN. It is based in
Kuala Lumpur
, anthem = ''Maju dan Sejahtera''
, image_map =
, map_caption =
, pushpin_map = Malaysia#Southeast Asia#Asia
, pushpin_map_caption =
, coordinates =
, sub ...
and was 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.
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.
History
Bursa Malaysia was established in 1930 when the
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...
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 May 9 that year. In 1961, a board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur.
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 exchange between Malaysia and Singapore, MSSE split into two which is the
Kuala Lumpur Stock Exchange (KLSE) and the
Stock Exchange of Singapore (SES).
Kuala Lumpur Stock Exchange (KLSE) was renamed Bursa Malaysia in 2004 and it consists of a Main Market, ACE Market and LEAP Market.
See also
*
Economy of Malaysia
The economy of Malaysia is the third largest in Southeast Asia and the 34th largest in the world in terms of GDP. The 2018 labour productivity of Malaysia was measured at Int$55,360 per worker, the third highest in ASEAN. According to the Gl ...
*
List of Southeast Asian stock exchanges
*
List of stock exchanges in the Commonwealth of Nations
This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one-third of the Earth's population. Some states ha ...
*
List of stock exchanges
References
External links
*
{{authority control
Financial services companies established in 1964
Economy of Malaysia
Ministry of Finance (Malaysia)
Companies listed on Bursa Malaysia
Minister of Finance (Incorporated) (Malaysia)
Government-owned companies of Malaysia
1964 establishments in British Malaya
1964 establishments in Malaysia
Stock exchanges in Southeast Asia