MSCI, a global investment services provider, said in a statement the changes will be effective at the close of Feb 29, 2024.
The MSCI Malaysia Index is designed to measure the performance of the large and mid cap segments of the Malaysian market.
With 31 constituents, the index covers about 85% of the Malaysian equity universe.
As at Jan 31, 2024, the index had a market capitalisation of US$93.75bil. Its constituents had an average market cap of US$3.02bil with its largest constituent being Public Bank Bhd with a market cap of US$13.51bil.