KLSE (MYR): MAYBANK (1155)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
10.50
Today's Change
-0.16 (1.50%)
Day's Change
10.50 - 10.68
Trading Volume
9,355,500
2024-09-29
2024-09-27
2024-09-27
2024-09-27
2024-09-26
2024-09-26
2024-09-26
2024-09-26
2024-09-25
2024-09-25
2024-09-25
2024-09-25
2024-09-24
2024-09-24
2024-09-23
2024-09-23
2024-09-20
2024-09-19
2024-09-19
2024-09-18
2024-09-18
2024-09-18
Lcube
63 posts
Posted by Lcube > 2016-05-25 20:36 | Report Abuse
Hi Sineo,if I understand the article correctly,it should be about Malaysia equities weightage in MSCI EM index being cut down 33basis points. In order for the index to track closely every component markets movement,funds have to sell out certain portion of their Malaysia holdings to meet the correct proportion and Malaysia weightage in the index, and this action will particularly impact both maybank & cimb the most since these two are those few largest components in KLCI and carry huge weightage.
“However, with MSCI reducing Malaysia's weightage in the EM index by 33 basis points (effective June 1), funds will sell out of their positions, affecting Maybank (-10 basis points) and CIMB (-7 basis points) the most."