Kenyataan Media
ASTRO MALAYSIA AND FELDA GLOBAL VENTURES REPLACE AIRASIA AND MALAYSIA MARINE AND HEAVY ENGINEERING IN THE FTSE BURSA MALAYSIA KLCI DECEMBER SEMI-ANNUAL REVIEW
FTSE Group (“FTSE”), the award-winning global index provider, and Bursa Malaysia Berhad (“Bursa Malaysia”) have announced that Astro Malaysia and Felda Global Ventures will replace AirAsia and Malaysia Marine and Heavy Engineering in the FTSE Bursa Malaysia KLCI following the semi-annual review of the FTSE Bursa Malaysia Index Series today.
The index series is reviewed semi-annually by the independent FTSE Bursa Malaysia Index Advisory Committee. The committee is made up of leading market professionals who ensure that the index review fully complies with a set of highly transparent and publicly available index rules.
As part of the FTSE Bursa Malaysia Index Series, the FTSE Bursa Malaysia KLCI is widely used by investors as the primary benchmark for the Malaysian market, and forms the basis of a wide range of investment products, including the FTSE Bursa Malaysia KLCI ETF, FTSE Bursa Malaysia KLCI Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI) and other index-linked financial products.
The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation, will be SapuraKencana Petroleum, MMC, Lafarge Malayan Cement, AirAsia and Gamuda. The appropriate reserve list will be used in the event that one or more constituents are deleted from the FTSE Bursa Malaysia KLCI during the period up to the next semi-annual review.
At this review, the committee has also approved the following changes to other indices in the FTSE Bursa Malaysia Index Series.
FTSE Bursa Malaysia Mid 70 Index Changes:
Inclusions | Exclusions | |
---|---|---|
1 | AirAsia | Ann Joo Resource |
2 | Gas Malaysia | Fraser & Neave Holdings |
3 | IGB Real Estate Investment Trust | TA Enterprise |
4 | Malaysia Marine and Heavy Engineering | Tan Chong Motor |
FTSE Bursa Malaysia Hijrah Shariah Index Changes:
Inclusions | Exclusions | |
---|---|---|
1 | Gas Malaysia | Fraser & Neave Holdings |
2 | Hartalega Holdings | Tan Chong Motor |
3 | IHH Healthcare | PETRONAS Chemicals Group |
All constituent changes take effect at the start of business on 24 December 2012 and the next review will take place on 13 June 2013.
The FTSE Bursa Malaysia Advisory Committee today also ratified a change to the free float methodology of the FTSE Bursa Malaysia Index Series. FTSE will apply the use of actual free float (rounded up to the next 1%) with effect from 18 March 2013. The enhanced free float methodology will reflect the actual stock available in the market more accurately and reduce turnover caused when a security moves from one free float band to another as the result of corporate actions or other structural changes. This new free float rule will also be applied in all other float-weighted FTSE indices, including the FTSE Global Equity Index Series. This enhancement further aligns the FTSE Bursa Malaysia Index Series to global standards and provides investors with a more accurate representation of the true investability of companies. Further information about the free float methodology enhancement can be found atwww.ftse.com/Indices/FTSE_Index_Standards/Free_Float.jsp.
Further information on the FTSE Bursa Malaysia Index Series review, including all additions and deletions as well as ground rules, is available at www.ftse.com/bursamalaysia. Index codes and performance information is available at www.ftse.com/bursamalaysia and www.bursamalaysia.com.