Bursa Malaysia

Definition

Stock exchange in Malaysia where financial instruments such as equities and derivatives are traded on a day-to-day basis. The Bursa Malaysia was originally known as the Singapore Stockbrokers' Association when it was established in the 1930s. As Singapore seceded from Malaysia to form its own government and currency, the Singapore Stockbrokers' Association evolved into a couple of different forms with different names, including the Kuala Lumpur Stock Exchange (KLSE), until it took its current form and became the Bursa Malaysia or Malaysia Exchange.

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