ESG compliant companies provide superior returns


In terms of individual stocks, the top five stocks, comprising Public Bank, Maybank, Tenaga, CIMB and Axiata, account for 43.6% of the benchmark index.

THERE have been some arguments about the lacklustre performance of Bursa Malaysia’s benchmark KLCI and if we look at the performance of the index over the past five years, it not only has been poor but negative.

As we know, the 30-stock index represents Malaysia’s largest listed companies in terms of market capitalization and of course they are screened using the liquidity rule as defined by the index methodology and weighted based on their respective net market capitalisation, ie, after taking into consideration the free-float factors of each constituent.

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ESG , compliant , companies , superior , returns , Pankaj Kumar , comment , KLCI , Bursa , FTSE ,

   

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