FBM KLCI: Gamuda set to join as Genting Malaysia faces possible exit

KUALA LUMPUR: Gamuda Bhd is expected to be added to the FBM KLCI in the upcoming semi-annual review of the benchmark index, which is set for Dec 23.

“After two years (five consecutive semi-annual reviews) in the FBM KLCI reserve list, it seems likely for Gamuda to be elevated into the barometer index,” MIDF Research said in a report.