FTSE Russell and Bursa Malaysia Berhad (“Bursa Malaysia”) announced on 2nd June that there are no changes to the constituents of the FTSE Bursa Malaysia KLCI, following the semi-annual review of the FTSE Bursa Malaysia Index Series. The index series is reviewed semi-annually in accordance with the index ground rules.
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 market, including derivatives, through the FTSE Bursa Malaysia KLCI Futures (FKLI) and the FTSE Bursa Malaysia KLCI Options (OKLI). The benchmarks are also tracked by several index-linked financial products, such as exchange-traded funds.
The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Westports Holdings, QL Resources, AMMB Holdings, Malaysia Airports and Gamuda. The reserve list will be used if one or more constituents are deleted from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review.
Meanwhile, changes to the FTSE Bursa Malaysia Index Series semi-annual review for June 2022 are as follows:
1. FTSE Bursa Malaysia Mid 70 Index
2. FTSE Bursa Malaysia Hijrah Shariah Index
All constituent changes take effect at the start of business on Monday, 20 June 2022. The next review will take place in December 2022.
FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian Market. Further information on the FTSE Bursa Malaysia Index Series review, including all additions and deletions as well as ground rules, is available at https://www.ftserussell.com/products/indices/bursa-malaysia.
About Bursa Malaysia
Bursa Malaysia is an exchange holding company incorporated in 1976 and listed in 2005, and has grown to be one of the largest bourses in ASEAN today. Bursa Malaysia operates and regulates a fully-integrated exchange offering a comprehensive range of exchange-related facilities, and is committed to Creating Opportunities, Growing Value. Learn more at www.bursamalaysia.com.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com