- One change to the constituents of the FTSE Bursa Malaysia KLCI
- Nine new constituents to be added to FTSE Bursa Malaysia Mid 70 Index
- Three new constituents to be added to FTSE Bursa Malaysia Hijrah Shariah Index
FTSE Russell announce that there will be one change to the constituents of the FTSE Bursa Malaysia KLCI, following the semi-annual review of the FTSE Bursa Malaysia Index Series today. Hap Seng Consolidated will be added to the index with UMW Holdings being deleted.
The index series is reviewed semi-annually in accordance with the index ground rules.
Part of the FTSE Bursa Malaysia Index Series, the FTSE Bursa Malaysia KLCI is widely used by investors as the primary benchmark for the Malaysian market, including derivatives through FTSE Bursa Malaysia KLCI Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI). The benchmarks are also tracked by a number of index-linked financial products, such as exchange traded funds.
The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation, will be IJM, Gamuda, YTL Power International, Malaysia Airports and IOI Properties Group. The reserve list will be used in the event that 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.
As a result of this review, UMW Holdings, Scientex, Lingkaran Trans Kota Holdings, Taliworks, Unisem, AirAsia X, Padini Holdings, Ta Ann Holdings and SKP Resources have been added to the FTSE Bursa Malaysia Mid 70 Index and SapuraKencana Petroleum, Kulim Malaysia and My E.G. Services Bhd have been added to the FTSE Bursa Malaysia Hijrah Shariah Index. As a result Hap Seng Consolidated, BIMB Holdings, UOA Development, Gas Malaysia, CapitaLand Malaysia Mall Trust, Pharmaniaga, Parkson Holdings, Dayang Enterprise Holdings and Globetronics Technology will be deleted from the FTSE Bursa Malaysia Mid 70 Index and Malakoff, BIMB Holdings and Bumi Armada will be deleted from the FTSE Bursa Malaysia Hijrah Shariah Index.
All constituent changes take effect at the start of business on Monday, 20 June 2016 and the next review will take place on 1 December 2016.
FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian Market. Further information on the FTSE Bursa Malaysia Index Series review, including all additions and deletions as well as ground rules, is available at http://www.ftse.com/products/indices/bursa-malaysia.
