PETALING JAYA: Supermax Corp has been added into the FBM KLCI, while KLCC Prop & Reits - Stapled Sec will be removed from the index, following the semi-annual review of the FTSE Bursa Malaysia Index Series.
The FBM KLCI is widely used by investors as the primary benchmark for the Malaysian market, including derivatives through FBM KLCI Futures and FBM KLCI Options.
The benchmarks are also tracked by several index-linked financial products, such as exchange-traded funds.
Apart from that, the FBM KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Kossan Rubber, QL Resources, MR DIY Group, Westports Holdings and KLCC Prop & Reits - Stapled Sec.
The reserve list will be used if one or more constituents are deleted from the FBM KLCI in accordance with the index ground rules during the period up to the next semi-annual review.
“As a result of this review, ATA IMS, Duopharma Biotech, Heineken Malaysia, KLCC Prop & Reits - Stapled Sec, MR DIY Group, Unisem, UWC, and YTL Power International have been added to the FBM Mid 70 Index.
“While, AEON, Eco World International, Hengyuan Refining Company, Kerjaya Prospek Group, Petron Malaysia Refining & Marketing, Sunway Construction Group, Supermax Corp and Velesto Energy will be removed from the index, ” said Bursa Malaysia, in a statement yesterday.
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