(… ذَٰلِكَ ) (This …): refers to all what has been told earlier.

(… نَتْلُوهُ عَلَيْكَ …) (…We recite to you,…): When you recite something,, you don’t only read the words therein but also follow them, abide by them.

(… مِنَ الْآيَاتِ …) (…of [Our] verses…): Meaning the miracles.

( وَالذِّكْرِ الْحَكِيمِ … ) (…and the precise [and wise] message): The message is the Holy Quran; Allah (swt) says:

{ إِنَّا نَحْنُ نَزَّلْنَا الذِّكْرَ وَإِنَّا لَهُ لَحَافِظُونَ}

(Indeed, it is We who sent down the Qur’an and indeed, We will be its guardian.) (Al-Hijr: 9)

So, the Quran is named a message because it’s as if you were hearing from the Almighty when you recite it. Consequently, you remember Him. ([and wise]) because it places things at their proper positions.