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FTSE Mondo Visione Exchanges Index:

MISC And Sapurakencana Petroleum Replace Bumi Armada And YTL Power International In The FTSE Bursa Malaysia KLCI June Semi-Annual Review

Date 13/06/2013

  • Two new constituents to be added to FTSE Bursa Malaysia KLCI
  • Six new constituents to be added to FTSE Bursa Malaysia Mid 70 Index
  • Two new constituents to be added to FTSE Bursa Malaysia Hijrah Shariah Index

FTSE Group (FTSE), the award-winning global index provider, and Bursa Malaysia Berhad (Bursa Malaysia) have announced that MISC and SapuraKencana Petroleum will replace Bumi Armada and YTL Power International in the FTSE Bursa Malaysia KLCI following the semi-annual review of the FTSE Bursa Malaysia Index Series today.

The index series is reviewed semi-annually by the independent FTSE Bursa Malaysia Index Advisory Committee.  The committee is made up of leading market professionals who ensure that the index review fully complies with a set of highly transparent and publicly available index rules.

As 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, and forms the basis of a wide range of investment products, including the FTSE Bursa Malaysia KLCI ETF, FTSE Bursa Malaysia KLCI Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI) and other index-linked financial products.

The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation, will be KLCC Prop & REITS – Stapled Sec, Bumi Armada, YTL Power International, Gamuda and Lafarge Malaysia. The reserve list will be used in the event that one or more constituents are deleted from the FTSE Bursa Malaysia KLCI during the period up to the next semi-annual review.

At this review, the committee also approved the following changes to other indices in the FTSE Bursa Malaysia Index Series.

FTSE Bursa Malaysia Mid 70 Index Changes:

 

Inclusions

Exclusions

1

Bumi Armada

China Stationery

2

Capitamalls Malaysia Trust

IJM Plantations

3

Dutch Lady Milk Industries

MSM Malaysia Holdings

4

Sunway

SapuraKencana Petroleum

5

Tropicana Corporation

Sarawak Oil Palms

6

YTL Power International

SEG International

FTSE Bursa Malaysia Hijrah Shariah Index Changes:

 

Inclusions

Exclusions

1

MISC

MSM Malaysia Holdings

2

Sunway

Top Glove Corporation

All constituent changes take effect at the start of business on 24 June 2013 and the next review will take place on 12 December 2013.

Further information on the FTSE Bursa Malaysia Index Series review, including all additions and deletions as well as ground rules, is available at www.ftse.com/bursamalaysia.  Index codes and performance information is available at www.ftse.com/bursamalaysia and www.bursamalaysia.com.