FBM KLCI: MR DIY in after recent debut


PETALING JAYA: Glovemaker Supermax Corp Bhd will be removed from the FBM KLCI and will be replaced by MR DIY Group (M) Bhd, which only debuted on Bursa Malaysia in October last year.

The changes to the FBM KLCI will be effective from June 21.

In the FTSE Bursa Malaysia Index Series June 2021 semi-annual review, FTSE Russell and Bursa Malaysia announced that Supermax will be part of the FBM KLCI reserve list.

The reserve list will comprise the five highest-ranking non-constituents of the index by market capitalisation.

“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, ” FTSE Russell and Bursa Malaysia said in a joint statement.

Other companies in the reserve list are Westports Holdings Bhd, QL Resources Bhd, Kossan Rubber Industries Bhd and Inari Amerton Bhd.

Changes were also made to three other indices.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

FBM KLCI , MR DIY , Top Glove , Westports , Kossan Rubber ,

   

Next In Business News

China’s edtech assault hits investors from Tiger to Temasek
China crackdown makes HK index world’s biggest tech loser
SMEs need new ways to rebuild business in Covid-19 era
UK economy faces US$6.3b hit from 'pingdemic', CEBR says
CPO futures may see technical correction after rally
Ringgit to trade in tight range vs US$
New warning system to sound alarm on rainforest 'tipping points'
FOREX-US$ posts second week of gains ahead of Fed meeting
Oil price edges up in weekly rebound on forecasts for tight supplies
GLOBAL MARKETS-US stock markets hit new highs

Stories You'll Enjoy


Vouchers