Bursa Malaysia is the
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
of
Malaysia. It is one of the largest bourses in ASEAN. It is based in
Kuala Lumpur and was previously known as the
Kuala Lumpur Stock Exchange The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan ...
(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 Stockbrokers Association became an official organization of securities in
Malaya
Malaya refers to a number of historical and current political entities related to what is currently Peninsular Malaysia in Southeast Asia:
Political entities
* British Malaya (1826–1957), a loose collection of the British colony of the Straits ...
. 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 The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan ...
(KLSE) and the
Stock Exchange of Singapore
The Stock Exchange of Singapore (SES) was a stock exchange company in Singapore. It was formed in 1973, when the termination of currency interchangeability between Malaysia and Singapore, caused the Stock Exchange of Malaysia and Singapore (SEMS) ...
(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
*
List of Southeast Asian stock exchanges
This is a list of Asian stock exchanges.
In the Asian region, there are multiple stock exchanges. As per data from World Federation of Exchanges, below are top 10 selected in 2020:
* Shanghai Stock Exchange, China
* Tokyo Stock Exchange, Japan
...
*
List of stock exchanges in the Commonwealth of Nations
*
List of stock exchanges
This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges.
There are sixteen stock exchanges in the world ...
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