KUALA LUMPUR (May 2): Shares of Bursa Malaysia Bhd climbed to their highest in more than three years after the stock exchange operator reported better-than-expected results that prompted at least two analyst upgrades.

Bursa Malaysia rose nearly 3% or 22 sen to RM7.68, its highest since April 2021. The stock was trading at RM7.62, still up about 2% or 16 sen, at 9.30am after 444,000 shares changed hands. CLSA lifted its recommendation on the stock to ‘buy’ while Maybank Investment Bank raised its rating to ‘hold’.

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