TM and KLCC Property out of FBM KLCI list; AMMB Top Glove in

  • Markets Premium
  • Friday, 07 Dec 2018

Market cap drop: TM’s omission from the group of constituent stocks that comprise the FBM KLCI has been widely expected as it has been plagued by a number of issues. — Bernama

PETALING JAYA: Telekom Malaysia Bhd (TM) has been booted out of the FBM KLCI for the first time since its listing following a huge fall in the market capitalisation of the telecoms company.

Joining TM in losing its spot on the FBM KLCI is KLCC Property Holdings Bhd. The counters that replace the two stocks are AMMB Holdings Bhd and Top Glove Corp Bhd.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Telekom , KLCC Property , FBM KLCI , AMMB , Top Glove , review , markets ,


Next In Business News

Digi posts net profit of RM304.55mil in 4Q, div of 3.9c/share Premium
FBM KLCI rises slightly ahead of CNY week Premium
Trading in Sime Darby Plantation suspended Premium
Malaysia's external trade surpasses RM2tril in 2021 Premium
UEM Sunrise exceeds 2021 target with RM1.46bil sales Premium
Malaysia's top placing on investment index underscores strong foreign investor confidence Premium
Ringgit opens weaker as US economic data boosts greenback Premium
BHIC appoints independent, non executive director Premium
Axiata's proposed Link Net acquisition to create new synergies Premium
FBM KLCI stays firm as elevated crude prices offer support Premium

Others Also Read