KUALA LUMPUR: The work towards expanding the FTSE Bursa Malaysia KLCI Index (FBM KLCI) beyond its current 30 constituents will help reduce the banking sector's weighting in the benchmark index, said Employees Provident Fund (EPF) chief investment officer Mohamad Hafiz Kassim.
"There were some consultations on expanding the definition of the FBM KLCI beyond the top 30, which is truly welcomed. This will broaden the index beyond the banking sector. There will be less pressure on you (the banks) to deliver the numbers," he said during the plenary session titled "Ringgit and Financial Market: Perspective on Current Trends" at the Sasana Symposium 2026 today.
