At the market close on Monday (25 Nov 2024), the constituents of the FTSE Bursa Malaysia KLCI will be reviewed, with the changes taking effect on 23 December 2024.
Will GAMUDA and the recently listed 99SMART, currently ranked 16th and 24th in terms of market capitalization, be added to the index? Will the bottom two constituents, GENTING and GENM, currently ranked 34th and 37th respectively, be removed from the index?
Below are the key ground rules for the FTSE Bursa Malaysia KLCI:
FTSE Bursa Malaysia KLCI comprises the largest 30
companies by full market capitalisation that meet stated eligibility
requirements.
Free Float: Companies with a free float of 15% or below are excluded from the index.
Review dates: The semi-annual review of the FTSE Bursa Malaysia Index Series constituents takes place in June and December using data from the close of business on the Monday four weeks prior to the review effective date.
Effective dates: Any constituent changes will be implemented after close of business on the third Friday (i.e. effective Monday) of June and December respectively.
Insertion: A security will be inserted at the periodic review if it rises to 25th or above when the eligible Main Market securities are ranked by full market value.
Deletion: A security will be deleted at the periodic review if it falls to 36th or below when the eligible Main Market securities are ranked by full market value.
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