FTSE Russell and Bursa Malaysia Berhad has announced two constituent changes to the FTSE Bursa Malaysia KLCI, following its semi-annual review of the FTSE Bursa Malaysia Index Series.
The index series is reviewed semi-annually in accordance with the index ground rules. The FTSE Bursa Malaysia KLCI, which is part of the FTSE Bursa Malaysia Index Series, is widely used by investors as the primary benchmark for the Malaysian capital market, including the derivatives market, through the FTSE Bursa Malaysia KLCI Futures (“FKLI”) and the FTSE
Bursa Malaysia KLCI Options products. The benchmark index is also tracked by several index-linked financial products, such as exchange-traded funds.
Changes to the FTSE Bursa Malaysia Index Series semi-annual review for December 2023 are as follows:
- FTSE Bursa Malaysia KLCI
Inclusions
1 YTL Corp Dialog Group
2 YTL Power International - Exclusion
- Dialog Group
- Westports Holdings
- FTSE Bursa Malaysia Mid 70 Index
Inclusions
1 Bank Islam Malaysia Berjaya Food
2 Dialog Group Duopharma Biotech
3 DXN Holdings Hengyuan Refining Company
4 Malayan Cement Hextar Technologies Solutions
5 OSK Holdings Hong Leong Capital
6 Sunway PMB Technology
7 UMW Holdings SAM Engineering & Equipment Malaysia
8 WCE Holdings SKP Resources
9 Westports Holdings YTL Corp
FTSE Bursa Malaysia Hijrah Shariah Index
No. Inclusion Exclusion
1 Greatech Technology Inari Amertron
Bursa said all constituent changes take effect at the start of business on Monday, 18 December 2023 while the next review will take place in June 2024.
FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian capital market. The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Dialog Group, Gamuda, Inari Amertron, Malaysia Airports, and Westports Holdings. The reserve list will be used if one or more constituents are deleted from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review.
