Bursa Malaysia announces 21 additions to F4GBM index constituents

The objective of the BCX is to enable companies to trade voluntary carbon credits from climate-friendly projects and solutions, with the aim to offset their emission footprint and meet climate goals.

KUALA LUMPUR: Bursa Malaysia Bhd has announced 21 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index, bringing the total number of constituents to 98.

The F4GBM Index, which was launched in December 2014 with 24 constituents, measures the

performance of public listed companies demonstrating strong environmental, social and governance (ESG) practices.

In a statement today, the bourse said for the latest review period of December 2022, there are 21 new additions and 10 deletions from the F4GBM Index constituents, bringing the total number of constituents to 98, continuing the index’s year-on-year increase since its inception in 2014.

"Separately, the 21 new additions and seven deletions for the F4GBMS Index will result in the index having 79 constituents.

"All constituent changes will take effect at the start of business on Dec 19,” it added.

The F4GBM Index constituents are drawn from the companies of 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 launched in July 2021 with 54 constituents, 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. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!


Next In Business News

Sapura Energy's Kitar Solutions to simplify decommissioning process
Bank Negara steps up engagements to encourage inflow to forex market
Port of Tanjung Pelepas completes first LNG bunkering operation
Ringgit opens slightly lower against US$ on lack of catalysts
Cape EMS shares slide on disappointing results
FBM KLCI stays in consolidation, bank results in focus
Trading ideas: PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP
Global equities index sluggish with inflation in focus, oil climbs
Prospects bright for cloud computing amid tech leap
Shutdown risk remains amid elusive deal

Others Also Read