FTSE Russell and Bursa Malaysia Berhad announced several constituent changes to the FTSE Bursa Malaysia Index Series, following its semi-annual review in December 2024.
The main change is the inclusion of 99 Speedmart and Gamuda into the FTSE Bursa KLCI with Genting Malaysia and Genting being removed.
The FTSE Bursa Malaysia Mid 70 Index saw the inclusion of Carlsberg Brewery Malaysia, Genting, Genting Malaysia, Genting Plantations, Malakoff, Nationgate Holdings, Oriental Holdings, Tanco Holdings, and ViTrox. Those excluded were BAT, DRB Hicom, Lotte Chemical Titan Holding, Mi Technovation, Padini Holdings, Sports Toto, Supermax, and Velesto Energy.
Bursa informed that all constituent changes take effect on Monday, 23 December 2024. The next review will take place in June 2025.
The FTSE Bursa Malaysia KLCI, which is part of the FTSE Bursa Malaysia Index Series, is widely used by investors as the primary benchmark for the Malaysian capital market, including derivatives, through the FTSE Bursa Malaysia KLCI Futures ("FKLI") and the FTSE
Bursa Malaysia KLCI Options ("OKLI"). The benchmark index is also tracked by several index-linked financial products, such as exchange-traded funds. The FTSE Bursa Malaysia KLCI reserve list, comprising the five largest non-constituents of the index by market capitalisation will be AMMB Holdings, Genting, Malaysia Airports, United Plantations and Westports Holdings.
The reserve list will be used if one or more constituents are removed from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review. FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian capital market.
