KUALA LUMPUR: Bursa Malaysia Bhd has announced seven new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index, respectively.
“For the latest review period of December 2021, there are seven new additions and three deletions from the F4GBM Index constituents, bringing the total number of constituents to 80, continuing its year-on-year increase since the inception of the index in 2014,” the stock exchange operator said in a statement.
The seven new additions and four deletions for the F4GBMS Index will result in the index being made up of 57 constituents.
All constituent changes will take effect on Dec 20, 2021.
Launched in December 2014 with 24 constituents, the F4GBM Index measures the performance of public listed companies demonstrating strong environmental, social and governance practices.
The F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments.
On the other hand, the F4GBMS Index was launched in July 2021 with 54 constituents, and is designed to track constituents in the F4GBM that are Shariah-compliant in accordance with the Shariah Advisory Council screening methodology.
Both indices are reviewed semi-annually in June and December against international benchmarks.