In order to ensure Bursa Malaysia’s sector and sectorial index continued to appropriately represent the global equity markets and enable asset owners, asset managers and investment research specialists to make consistent comparisons by industry, there are some new enhancements being announced today.
Hence, Bursa Malaysia today introduces 5 new sectors to align its sector classification with internationally recognized standards, bringing the number of Bursa Sectoral Indices to 13 sectors with immediate effect.
Five New Sectors:
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Other than that, 3 existing sectors and the corresponding indexes will be broadened and renamed to better reflect the business of public listed companies. There are:
- Consumer Products ⇨⇨⇨ Consumer Products and Services
- Finance ⇨⇨⇨ Financial Services
- Industrial Products ⇨⇨⇨ Industrial Products and Services
Meanwhile, 4 other sectors would be removed namely Hotel, Infrastructure Project Companies, Mining and its corresponding index as well as Trading/Services and its corresponding index.
List of Companies with New Sector & Sub Sector As Of 24 September 2018:
Source: Bursa Malaysia
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