RHB’s Small-Cap Jewels outperform FBM KLCI

Pentamaster technicians working on test equipment to be used in the automotive and semiconductor industries. - Filepic

PETALING JAYA: RHB Research Institute’s 2019 Small-Cap Jewels have collectively outperformed the FBM KLCI and FBM Small Cap Index over the last five months, even as most of the small-cap stocks under the list have declined in share price.

The Small-Cap Jewels list, which featured 20 companies, has recorded a value-weighted holding-period return of 19.8% since its launch on May 2.In comparison, the benchmark FBM KLCI and FBM Small Cap Index declined by 4.6% and 0.9% in the same five-month period.