YTL Corp, YTL Power International join KLCI constituents

File pic — SIA HONG KIAU/The Star

KUALA LUMPUR: YTL Corp Bhd and YTL Power International Bhd will be included as a constituent of the FBM KLCI index, replacing Dialog Group Bhd and Westports Holdings.

This follows the latest December 2023 semi-annual review of the FTSE Bursa Malaysia Index Series.

“All constituent changes take effect at the start of business on Dec 18, 2023. The next review will take place in June 2024,” FTSE Russell and Bursa Malaysia said in a joint statement.

The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Dialog, Gamuda Bhd, Inari Amertron Bhd, Malaysia Airports Holdings Bhd, and Westports.

Bursa Malaysia said the reserve list would be used if one or more constituents are deleted from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review.

Meanwhile, there will be nine new inclusions into the FBM Mid 70 Index. The nine are Bank Islam Malaysia Bhd, Dialog, DXN Holdings Bhd, Malayan Cement Bhd, OSK Holdings Bhd, Sunway Bhd, UMW Holdings Bhd, WCE Holdings and Westports.

The FBM Hijrah Shariah Index saw the inclusion of Greatech Technology Bhd replacing Inari Amertron Bhd.