KUALA LUMPUR: Bursa Malaysia Bhd has announced eight new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and six new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index.
“For the latest review period of June 2023, the F4GBM Index will see eight additions and seven deletions, bringing the total number of constituents to 98.
“Separately, the F4GBMS Index will have six additions and seven deletions, resulting in a total of 77 constituents. All constituent changes will take effect at the start of business on June 19,” Bursa Malaysia said in a statement.
The F4GBM Index, which was launched in December 2014 with 24 constituents, measures the performance of public listed companies (PLCs) that demonstrate strong environmental, social and governance (ESG) practices.
Meanwhile, the F4GBMS Index that was 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.
The following are the changes to the F4GBM Index and F4GBMS Index for June 2023 semi-annual review: