FTSE Russell and Bursa Malaysia Berhad (“Bursa Malaysia”) today announced two constituent changes to 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 capital market, including the derivatives market, through the FTSE Bursa Malaysia KLCI Futures (“FKLI”) and the FTSE Bursa Malaysia KLCI Options (“OKLI”) products. The benchmark index is also tracked by several index-linked financial products, such as exchange-traded funds.
Changes to the FTSE Bursa Malaysia Index Series semi-annual review for December 2023 are as follows:
