·       11 new inclusions to the FTSE4Good Bursa Malaysia Index

·       11 new inclusions to the FTSE4Good Bursa Malaysia Shariah Index

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced 11 additions to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index and 11 additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) Index.

The F4GBM Index includes public listed companies (“PLCs”) with good liquidity and strong Environmental, Social and Governance (“ESG”) practices. The F4GBM Index constituents are drawn from PLCs on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments.

On the other hand, the F4GBMS Index that launched in July 2021 with 54 constituents, is designed to track constituents in the F4GBM that are Shariah-compliant in accordance with the Shariah Advisory Council (“SAC”) screening methodology. Both indices are reviewed semi-annually in June and December against international benchmarks.

For the latest review period of December 2023, there are 11 additions to the F4GBM Index constituents, bringing the total number of constituents to 109. The Exchange is pleased to see that the number of constituents on the F4GBM Index has continued to increase  year-on-year, since the inception of the index in 2014 with just 24 constituents. Separately, the same 11 additions to the F4GBMS Index will increase the index’s constituent count to 88. No PLC will drop out from the two aforementioned indices in this round of review. All constituent changes will take effect at the start of the business day on 18 December 2023 (Monday).

Details of the changes to the F4GBM Index and F4GBMS Index for the December 2023 semi-annual review are reflected below:

FTSE4Good Bursa Malaysia Index 

FTSE4Good Bursa Malaysia Shariah Index

Note:

The F4GBMS Index comprises constituents of the F4GBM Index that are Shariah compliant according to the Securities Commission’s Shariah Advisory Council (SAC) screening methodology.

Bursa Malaysia and FTSE Russell have been conducting outreach programmes to encourage and support companies in improving their ESG disclosures and practices. In addition, Bursa Malaysia has put together collaborative efforts with other ESG ecosystem players, such as financial institutions and institutional investors, to further incentivise PLCs to advance their respective ESG journey.  The continuous rise in the number of constituents reflects the effectiveness of these programmes, and stronger embodiment of ESG practices among the PLCs. 

The updated listings of F4GBM Index and F4GBMS Index will be available on the Bursa Malaysia website after 22 December 2023 via the following link:

https://www.bursamalaysia.com/trade/our_products_services/indices/ftse4good-bursa-malaysia-f4gbm-index