PHOTO: BLOOMBERG[KUALA LUMPUR] Bursa Malaysia is pivoting towards larger, higher-quality initial public offerings (IPOs) to deepen market liquidity and attract global investors, as the exchange plays down concerns that recent MSCI actions elsewhere pose risks to Malaysia’s capital markets. Bursa Malaysia solidified its position as South-east Asia's most active IPO market by hosting 60 listings in 2025, up from 55 in the previous year. Consequently, full-year net profit fell 19.3 per cent year on year to RM250.2 million for FY2025, from RM310.1 million. Declining daily tradingBursa Malaysia reported that securities trading revenue fell to RM308.2 million in FY2025 from RM381.5 million in FY2024. As at end-2025, Bursa Malaysia’s total market capitalisation stood at RM2 trillion, down nearly 1 per cent from a year earlier.