More than just a number

BURSA Malaysia recently announced a proposal to increase the number of constituents in the FBM KLCI from 30 to 50, while also introducing a 10% cap for any index constituent that exceeds the threshold.

To recap, the FBM KLCI was first introduced on July 6, 2009, replacing the 100-stock Kuala Lumpur Composite Index (KLCI) which had been in existence since April 1995.