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FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial Officer

30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

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Page 1: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

FY2019 Financial Results30 January 2020

Datuk Muhamad Umar SwiftChief Executive Officer

Rosidah BaharomChief Financial Officer

Page 2: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Agenda• Market Recap

• Key Financial Highlights & Market Performance

• Financial Review

• Highlights & Conclusion

• Appendices

2

Page 3: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Market Recap

3

Page 4: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

0

2,500

5,000

7,500

10,000

1,200

1,350

1,500

1,650

1,800

Traded Volume (rhs) FBMKLCI (lhs)

4

Equities Market Performance for 2019Recap on selected key global and local events

FBMKLCI(point)

Traded Volume(million)

21 Feb

• FBMKLCI reached its all-

time high at 1,730.68 (YTD

+2.4%)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2019

18 Feb

• Oil price hits 2019 highs on

OPEC supply cut, lifting

the index on the back of

oil & gas counters

1 Mar – 1 Apr

• Tepid economic growth

weighed on index

• Uncertainties over trade

negotiation between US &

China

28 May

• MSCI EM Index rebalancing activity

takes place. A total of RM2.03bn

outflow was recorded in May as

MY’s weightage was reduced by 7

basis points

7 May

• BNM announced OPR cut of

25bps to 3%, providing

much impetus to boost

growth

21 Jun

• Putrajaya offers to buy

four tol concessionaires,

driving up the share prices

of the affected counters

27 Jun

• US & China agree to

tentative truce before G20

summit

9 Jul

• BNM maintained OPR at 3%

citing stable underlying

inflation

1 Aug – 9 Aug

• Escalation of US-China

trade tension

1 Oct – 4 Oct

• Index falls in-line with

regional peers following a

slew of disappointing US

economic data releases11 Oct

• Budget is tabled for 2020

which was well-received

by the market

14 Oct – 31 Oct

• Stocks advanced following

a combination of increased

optimism for a US-China

trade deal, encouraging

earnings from US

corporates

19 Nov – 28 Nov

• US-China relations were

further strained as US signs

HK bill aimed at supporting

HK protestors

31 Dec

• Index falls on

last trading day,

the biggest in 4

weeks. There

was no clear

catalyst for the

decline

Page 5: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

5

Market Performance for 2019FBMKLCI Performance Against Global and Regional Indices

-6.0%

5.2%

15.4%

15.4%

25.2%

FBMKLCI

MSCI ASEAN

MSCI Asia(ex-Japan)

MSCI EmergingMarket

MSCI World

Performance of FBMKLCI against MSCI Indices For year 2019

Source: Bloomberg

-6.0%

1.0%

1.7%

4.7%

5.0%

7.7%

FBMKLCI

SET

JCI

PCOMP

FSSTI

VN-Index

Performance of FBMKLCI against key ASEAN Indices For year 2019

Source: Bloomberg

• 2019 proved to be a challenging year, primarily due to continuous uncertainties in the global as well as

the domestic front – worsening trade tensions, concerns over a no-deal Brexit, volatility in commodity-

related sectors and weak corporate earnings performance

Page 6: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

6

Market Performance for 2019Foreign Funds Outflow: A Perspective

• Foreign shareholdings (by market capitalization)

have been stable amid the exit of foreign funds

(22.3% - 23.8%)

Foreign Funds Flow (FFF) in Asian Equity Market 2019; In USD million

Source: Bursa MIS

Bursa Foreign Funds Flow vs Foreign ShareholdingsFor year 2019

• For 2019, Malaysia recorded the largest outflow among it’s

ASEAN peers with a net value of USD-2.68 bil

RMmillion

%

-2,683

-1,496

-240

182

3,465

Malaysia

Thailand

Philippines

Vietnam

Indonesia

Source: Bloomberg and WFE

Note: India’s total market cap is a sum of NSE and BSE.

1,0

26

-816

-1,5

57

-1,4

11

-2,0

41

135

-79

-2,5

99

-559

-485

-1,5

42

-1,2

16

0%

5%

10%

15%

20%

25%

-6,000

-4,000

-2,000

0

2,000

4,000

6,000

Jan-1

9

Feb-1

9

Mar-

19

Apr-

19

May-1

9

Jun-1

9

Jul-

19

Aug-1

9

Sep-1

9

Oct-

19

Nov-1

9

Dec-1

9

Foreign Funds Flow (lhs)

Foreign Shareholdings (by MarketCapitalisation) (rhs)

Page 7: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Key Financial Highlights & Market Performance• Financial Highlights

• Financial Trends

• Securities Market Overview

• Derivatives Market Overview

• Islamic Capital Market Overview

• Dividends 7

Page 8: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

8

Financial HighlightsFY2019 PAT performance affected by lower operating revenue from

both the Securities and Derivatives Markets

Decrease in operating revenue contributed by lower trades in Securities and Derivatives Market.

Operating expenses increased mainly due to higher business development costs.

Cost to income ratio increased by 5 percentage points while ROE declined by 3 percentage points.

Final dividend of 10.4 sen, equivalent to 90.5% payout to be paid on 28 February 2020.

2019 vs. 2018:

Financial Items 2019

2019

vs.

2018

4Q2019

4Q2019

vs.

4Q2018

Operating Revenue (RM million) 480.1 8.2% 122.7 1.3%

Operating Expenses (RM million) 246.2 2.0% 65.9 15.4%

PATAMI (RM million) 185.9 17.0% 45.6 12.1%

EPS (sen) 23.0 17.3% 5.6 12.5%

Cost to Income Ratio 49%5 percentage

points51%

7 percentage

points

Annualised ROE 23%3 percentage

points 24%

1 percentage

point

Page 9: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

9

Financial TrendsThe lower PATAMI affected both the ROE and Cost to Income performance

Operating Revenue

(RM mil)

PATAMI

(RM mil)Cost to Income

Ratio (%)ROE (%)

389

440 471

488 473

522 523

480

151 173

198 199 194 223 224

186

2012 2013 2014 2015 2016 2017 2018 2019

18

21

25 26

23

26 26

23

49 48

46 46 47

45 44

49

Page 10: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

10

Securities Market OverviewPerformance affected and influenced by global and local events

3228

1,700 1,712

31 DEC 2018 31 DEC 2019

0.7%

Average Daily Value (“ADV”)

(OMT)(RM mil)

Market Capitalisation (RM bil) Fund Raised from IPOs &

Secondary Market (RM bil)

1,214

891

538

473

640

566

2018 2019

2,392

1,930

Velocity (%)

1,691

1,589

FBMKLCI

0.7

2.0

8.5

4.6

2018 2019

No. of IPOs

Fund Raised from IPOs

Fund Raised from Secondary Market

ADV of Domestic Institutions

ADV of Retail

ADV of Foreign Institutions Market Capitalisation

22

30

28.3%

19.3%

6.6

9.2

Page 11: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

11

ADC - Crude Palm Oil Futures

Volatility of Crude Palm Oil

Prices

Derivatives Market OverviewLow KLCI volatility affected FKLI trades, however FCPO trades are

stable despite the underlying low CPO prices

ADC - OthersADC – FBMKLCI Futures

Volatility of FBMKLCI

Average Daily Contracts (“ADC”)

& VolatilityOpen Interest (No. of Contract)

10,278 9,350

43,092 43,870

3,118 2,152

2018 2019

16%18%

10%7%

76%

18%

79%

17%

2.0%

55,37256,488

4%

28 Aug

2018

317,788

1 Sept 2010

111,548

31 Dec

2019

283,01419 Aug

2019

200,757

6%

Page 12: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

12

Islamic Capital Market OverviewHigher take-up in BSAS trades from domestic participants

No. of Shariah Compliant Stocks (%)No. of Trading Participants

Bursa Suq Al-Sila’ (“BSAS”) ADV (RM bil) Market Capitalisation of Shariah Compliant Stocks (RM bil)

Market Capitalisation of Shariah

Compliant StocksDomestic Foreign

18.1

25.1

6.2

5.5

2018 2019

24.3

30.6

25.9%

173

222

1,0551,116

31 DEC 2018 31 DEC 2019

5.8%

76%77%

Page 13: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

13

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

Mala

yan B

ankin

g

Genti

ng M

ala

ysi

a

AM

MB H

old

ings

CIM

B G

roup H

old

ings

Sim

e D

arb

y

Petr

onas

Gas

RH

B B

ank

Petr

onas

Chem

icals

Gro

up

Tenaga N

asi

onal

DiG

i.C

om

MIS

C

Public B

ank

Maxis

HA

P S

eng C

onso

lidate

d

Genti

ng

Petr

onas

Dagangan

Hong L

eong B

ank

Hong L

eong F

inancia

l G

roup

Axia

ta G

roup

Mala

ysi

a A

irport

s H

old

ings

Nest

le M

ala

ysi

a

Kuala

Lum

pur

Kepong

IOI C

orp

Top G

love C

orp

PPB G

roup

Hart

ale

ga H

old

ings

Dia

log G

roup

Pre

ss M

eta

l A

lum

iniu

m H

old

ings

IHH

Healt

hcare

Sim

e D

arb

y P

lanta

tion

BU

RSA

MA

LA

YSIA

Dividend Yield (annualised) – Bursa vs. FBMKLCI Constituents

3.4

Source: Bloomberg and Bursa Malaysia

11.0 11.3 13.3 14.010.4

12.0 11.312.3 11.6

10.4

10.0 8.0

2015 2016 2017 2018 2019

Special Dividend (sen)Final Dividend (sen)

* Exclude special dividend

Payout

94%

Payout

93%

Declared final dividend of 10.4 sen. The entitlement and payment dates are on the 19th and 28th of February

2020 respectively.

Note: Comparative figures have been adjusted to reflect the bonus issue exercise completed on 13 April 2018.

Interim Dividend (sen)

DividendsTotal dividend of 20.8 sen for FY2019 was declared

%

Payout

93%*

Payout

91%

Payout

92%*

Page 14: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Financial Review• Financial Snapshot

• Operating Revenue

• Operating Expenses

14

Page 15: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

15

121.0 122.7

523.3480.1

4Q2018 4Q2019 2018 2019

8.2%

Financial SnapshotGlobal and local economic uncertainties continued to influence

market performance

Operating revenue (RM mil) Operating expenses (RM mil)

PATAMI (RM mil) Cost to income ratio (%)

1.3%

57.165.9

241.3 246.2

4Q2018 4Q2019 2018 2019

15.4%

44

51

44

49

4Q2018 4Q2019 2018 2019

7 percentage

points

2.0%

5 percentage

points

51.9 45.6

224.0

185.9

4Q2018 4Q2019 2018 2019

12.1%

17.0%

Page 16: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

16

523.3

- - - - - - - -

480.1

2018 2019

Operating RevenueDeclined by 8%

Higher Market Data revenue due to increase in number of subscribers.

Lower Securities Trading Revenue from lower ADV-OMT.

Lower Derivatives Trading Revenue due to lower guarantee and collateral

management fees.

Lower BSAS Trading Revenue despite growth in its ADV due to the impact of

volume-based pricing.

Lower Listing & Issuer Services fees due to lower annual listing fee from lower

market capitalisation, the amortisation of initial listing fees, and lower perusal and

processing fees from lower number of corporate exercises.

(RM mil)

Total

RM480.1 mil

Total

RM523.3 milGrowth contribution by revenue streams:

Securities Trading Revenue

Derivatives Trading Revenue

Listing & Issuer Services

Depository Services

Market Data

Member Services & Connectivity

BSAS Trading Revenue

Conference Fee & Exhibition Related Income

265.8232.8

76.7

72.3

14.9

14.0

60.1

54.0

42.2

41.9

36.2

38.6

21.9

21.5

5.5

5.0

2018 2019

8.2%

12.4%

-33.0

-4.3

-0.9-6.1

-0.3+2.4 -0.4

-0.55.8%

6.3%

10.1% 0.6% 6.5%

1.5% 9.2%

Page 17: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

17

Total

RM241.3 milTotal

RM246.2 mil

Operating ExpensesIncreased by 2%; marginal increase of less than 1% excluding a

one-off impairment provision

Note^ - Other operating expenses include building maintenance, administrative expenses and CDS expenses.

Lower manpower costs due to lower provision of variable costs.

Lower depreciation as certain IT assets have been fully depreciated.

Increase in business development costs due to higher business development and

engagement activities.

Increase in IT maintenance subsequent to renewal of certain IT contracts.

Increase in other operating expenses due to one-off impairment on computer

software.

Staff Costs

Depreciation & Amortisation

Marketing & Development

IT Maintenance

Service Fees

Other Operating Expenses^

135.3 133.7

22.0 20.8

12.0 14.9

18.3 19.9

19.2 20.0

34.5 36.9

2018 2019

2.0%

(RM mil)

Movement of expenses:

241.3

246.2

2018 2019

-1.6

-1.2

+2.9

+1.6+0.8

+2.4

1.2%-5.4% 24.2%

8.8%

3.9%7.0%

Page 18: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Highlights & Conclusion• Highlights of 2019 Initiatives

• Moving Forward

18

Page 19: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

19

Highlights of 2019 Initiatives

Bursa and Securities Commission to continue supporting a facilitative and market-friendlyecosystem

Revamped and liberalised its Derivatives market rules and directives to enhance businessefficiency and flexibility of doing business

Collaboration between Bursa and Malaysian Anti-Corruption Commission (MACC) in learningwith a view to promote a corruption-free Malaysia

Amended Main and ACE Market listing requirements in relation to anti-corruption measures

Strengthening the Core

Expanded trading features such as “Market Order at Pre-Closing”, “On-Open/Close Order”,“Iceberg Order” and “One-Cancel-Other Order”to provide more opportunities for participants

Launched T+2 Settlement Cycle to improve operational efficiency and reduce systemic risk

Embarked on a securities borrowing and lending (SBL) Proof-of-Concept (POC)

Launched Bursa Anywhere mobile application

Completed its first securities borrowing and lending (SBL) Proof-of-Concept (POC 1)blockchain technology solution to increase efficiency, speed and capacity in the securitieslending supply and borrowing demand (Lending Pool)

Launched Mirror, Learn & Trade, a first-of-its-kind virtual education programme

Capitalising on Technology & Information

Classification of Bursa as a Shariah-compliant securities

Bursa extended agreement to host its Derivatives products on CME

Acquired the remaining 25% equity interest in Bursa Malaysia Derivatives

Announced new organisational structure to accelerate growth and improve organisationaleffectiveness

Corporate Development

Page 20: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

20

Highlights of 2019 Initiatives (cont)

Organised the 30th Annual Global Palm and Lauric Oils Price Outlook Conference

Held the 15th edition of Invest Malaysia Kuala Lumpur

Regional and Global Connectivity

Hosted the 5th Annual “Ring the Bell for Gender Equality”

Launched “Seminar: Wanita dan Pelaburan” in conjunction with “Hari Wanita2019”, in collaboration with National Council of Women’s Organisation Malaysia(NCWO)

Hosted the “Ring the Bell for Financial Literacy”

Held the 6th edition of Bursa Bull Charge

Sustainability as a way of Life

Page 21: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

21

• Future proofing of the Exchange • Moving towards greater efficiency & better

process

ELEVATE ORGANISATIONAL

EFFECTINESS

• Technology refresh – disrupt existing

barriers

• Build innovative capacity to spur growth

TECHNOLOGY & INNOVATION

• Forging growth and tap new opportunities

through strategic partnership

• Greater collaboration with international

players to widen reach and offering

INTERNATIONALISATION

Bursa In 2020 : Restructuring For Business

Agility & Accelerate Growth

Page 22: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

22

Moving Forward

SECURITIES MARKET

• The Securities Market performance in last quarter of 2019 was influenced by global and domestic

developments such as continued concern over the geopolitical tensions and soft domestic corporate

earnings.

• Notwithstanding the external factors, the Securities Market’s performance in 2020 is expected to be

resilient, supported by the implementation of the Government’s expansionary measures as announced in

the Budget 2020 and the recent signing of phase one of the trade agreement between the US and China.

DERIVATIVES MARKET

• External factors such as the restriction of India’s palm oil imports from Malaysia and the progress of the

US-China trade negotiations will continue to influence the volatility in crude palm oil prices and the

underlying equities market. The Exchange recorded an improved performance in the fourth quarter of 2019

and registered the highest quarterly average daily contracts as the volatility in crude palm oil prices

increased with the rally in crude palm oil prices.

• Ongoing initiatives focusing on Greater China region are expected to further broaden the derivatives

trading community and contribute positively to trading performance in 2020.

ISLAMIC CAPITAL MARKET

• The Exchange expects greater participation of institutional investors on the Bursa Malaysia-i platform with

the continuous engagement and marketing efforts carried out during year.

• Bursa Suq Al-Sila’ (“BSAS”) is expected to sustain its growth momentum through its system improvement as

well as continuous onboarding of new domestic and foreign participants onto its platform.

In 2020, we expect greater volatility in both the Securities and Derivatives Markets arising from global and

local developments such as the on-going US-China trade negotiations and the recent novel coronavirus

outbreak. Barring any unforeseen circumstances, the Exchange is expected to benefit from this volatility

which will provide greater activity in the respective markets. The Exchange will continue to expand and

strengthen its products and service offerings to enhance the market attractiveness and vibrancy.

Page 23: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

2019 Financial ResultsAnalyst & Media Briefing

Q&A

23

Page 24: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

Appendices• Securities Market Trading Activity

• Securities Market Trading Participation

• Securities Market Foreign Ownership

• Foreign Inflow/Outflow

• Derivatives Market Activity

• Derivatives Market Demography

• Islamic Capital Market Activity24

Page 25: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

25

1,841

1,439 1,595

1,430 1,643

2,308

2,002

1,686

2,068 2,053 2,196

1,901 2,081

1,913 1,933 2,042 1,981

1,842 1,740 1,690

2,378

2,621

1,951

2,316

2,716 2,730

2,226

1,912 2,069 2,022

1,855 1,790

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19

34

27 2825

28 3731

25

30 29 3028

3028 29 30 29

27 26 25

34 35

26

3135 37

3027

30 2927 26

34 33 3328 30 29 30 27

32 3228

1,129 1,454

1,699 1,573 1,915

2,053 1,991 1,812

2,314 2,392

1,930

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Turnover Velocity (%)

Quarterly ADV Traded & Velocity

Average Daily Value Traded (RM mil)

Average Daily Value Traded (RM mil)Turnover Velocity (%)

Annual ADV Traded & Velocity

Securities Market Trading Activity

Page 26: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

26

369 392

442

354

424

530 464

372

525 538 473

67 73 74 77 78 74 77 79 77 78 75

33 27 26 23 22 26 23 21 23 22 25

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

73 73 74 74 74 76 73 73 78 73 70

27 27 26 26 26 24 27 27 22 27 30

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

For 2009, the statistics were based on Brokers’ submission. From 2010 onwards statistics were based

on Bursa’s internal system.

Retail

(%)

Institution

(%)Local(%)

Foreign(%)

Retail ADVTraded (RM mil)

Foreign ADV

Traded (RM mil)

Retail vs. Institution Foreign vs. Local

Securities Market Trading Participation

323 392 437 404

507 492 544

491 506

647 571

Page 27: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

27

Securities Market Foreign Ownership

22.3

23.1

24.4

24.0

24.3

22.8

22.3

22.9

23.4 2

3.6

24.2

24.1

24.1

23.9

23.5

23.6

23.6

23.4

23.7

23.4

23.5

23.5 2

3.7

23.4

23.2

23.1

23.2

23.0

22.9

22.7

22.6

22.3

2010

2011

2012

2013

2014

2015

2016

2017

Jan-1

8

Feb-1

8

Mar-

18

Apr-

18

May-1

8

Jun-1

8

Jul-

18

Aug-1

8

Sep-1

8

Oct-

18

Nov-1

8

Dec-1

8

Jan-1

9

Feb-1

9

Mar-

19

Apr-

19

May-1

9

Jun-1

9

Jul-

19

Aug-1

9

Sep-1

9

Oct-

19

Nov-1

9

Dec-1

9

Based on Market Capitalisation (%)

Page 28: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

28

-10,000

-5,000

0

5,000

10,000

2016

TNFO: RM3.2 bil

2014

TNFO: RM6.9 bil

2015

TNFO: RM19.7 bil

TNFI: Total Net Foreign Inflow

(RM mil)

TNFO: Total Net Foreign Outflow

Foreign Inflow/Outflow

Monthly foreign inflow/outflow from 2014 to 2019

-1,022

1,026

-816

-1,557 -1,411

-2,041

135

-79

-2,599

-559 -485

-1,542-1,216

-3,000

-2,500

-2,000

-1,500

-1,000

-500

0

500

1,000

1,500Monthly foreign inflow/outflow from Dec 2018 to Dec 2019(RM mil)

2017

TNFI: RM10.8 bil

2019

TNFO: RM11.1 bil

2018

TNFO: RM11.7 bil

Page 29: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

29

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

1Q

12

2Q

12

3Q

12

4Q

12

1Q

13

2Q

13

3Q

13

4Q

13

1Q

14

2Q

14

3Q

14

4Q

14

1Q

15

2Q

15

3Q

15

4Q

15

1Q

16

2Q

16

3Q

16

4Q

16

1Q

17

2Q

17

3Q

17

4Q

17

1Q

18

2Q

18

3Q

18

4Q

18

1Q

19

2Q

19

3Q

19

4Q

19

16%

174

146

172

214

196

213

204196

218

239

288

196

207

229 235

230

283

293

226237

262263

261

295

283

290

306

245

274

247234

283

40

Quarterly Average Daily Contracts (’000)

31

42

60

Total Annual Contract (mil)

Crude Palm Oil FuturesOthersOpen Interest (’000)

17%

79%

6.1 6.2

8.4

9.6

FBMKLCI Futures

`

`

80

%

4445

42

46

42

10.7

50

12.5

44

54

Derivatives Market Activity

55

14.2

62

51

62

56

14.0

5856

62

55

14.1

575754

123132

152

214

196196

230

237

295

245283

53

13.7

56 56 `

`

4%

4%

58

47

13.5

51

5963

Page 30: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

30

20 21 19 15 18 20 18 14 11 14 13

5244

42

2828 24

23

1918

2519

3

22

21 2

5

33

3

2

2633

37

55 53 54 55

6468

5866

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

(%)FKLI

36 34 34 36 33 34 31 2823

18 16

2726 24 19

17 1515

1620

24 25

1

11

1 11

1 1 1 1

17

1513

12

10 15 2121 23

2016

1925 28

3239

35 32 34 3337

42

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

(%)FCPO

Local

Domestic Retail

Domestic

Institutions

Foreign Institutions Local

Domestic RetailDomestic

Institutions

Foreign Institutions Foreign Retail

Derivatives Market Demography

Page 31: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

31

1.6 2.75.5

13.5 13.4 15.118.1

25.1

0.7 1.21.4

1.72.9

4.5

6.2

5.5

2012 2013 2014 2015 2016 2017 2018 2019

BSAS Annual Average Daily Value

Local ADV Foreign ADV

2.33.9 6.9

15.2 16.319.6

24.3

30.6(RM bil)

BSAS ADV (RM bil)

13.5

1.3 1.5 1.6 1.8 2.6 2.4 2.7 3.2 3.7 3.7 5.9

8.5 10.4 12.0

14.4 16.9 16.1 12.7 12.2 12.6 13.6

15.1 15.5 16.1 16.2 14.3 15.9

25.7 26.3 27.2

23.9 23.2

0.3 0.7 0.9 1.2 1.1 1.0 1.1 1.5 1.4 1.5 1.4

1.4 1.5

1.6 1.6

2.1 2.6

2.7 3.0 3.2 3.8

3.7 4.9 5.6 6.4 5.9

5.7

6.8 5.3 5.5

6.5 4.6

1Q

12

2Q

12

3Q

12

4Q

12

1Q

13

2Q

13

3Q

13

4Q

13

1Q

14

2Q

14

3Q

14

4Q

14

1Q

15

2Q

15

3Q

15

4Q

15

1Q

16

2Q

16

3Q

16

4Q

16

1Q

17

2Q

17

3Q

17

4Q

17

1Q

18

2Q

18

3Q

18

4Q

18

1Q

19

2Q

19

3Q

19

4Q

19

BSAS Quarterly Average Daily Value(RM bil)

Islamic Capital Market Activity

Page 32: 30 January 2020 FY2019 Financial Results · 2020-01-30 · FY2019 Financial Results 30 January 2020 Datuk Muhamad Umar Swift Chief Executive Officer Rosidah Baharom Chief Financial

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32

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