Langbahn Team – Weltmeisterschaft

FTSE Bursa Malaysia KLCI

FTSE Bursa Malaysia KLCI
Foundation
  • 4 April 1986 (as KLCI)
  • 6 July 2009 (as FBMKLCI)
[1]
Operator[1]
ExchangesBursa Malaysia
Constituents30
TypeLarge cap
Market cap
  • RM509,019 million
  • (as of 28 February 2014)
[1]
Weighting methodCapitalisation-weighted
Websiteftse.com

The FTSE Bursa Malaysia KLCI, also known as the FBM KLCI, is a capitalisation-weighted stock market index, composed of the 30 largest companies on the Bursa Malaysia by market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia Index Ground Rules. The index is jointly operated by FTSE and Bursa Malaysia.

History

It was first introduced on 4 April 1986 as the Kuala Lumpur Composite Index (KLCI), with a base value of 100, dated on 1 January 1977.

In 2006, Bursa Malaysia partnered with FTSE to provide a suite of indices for the Malaysian market, to enhance the KLCI. FTSE Bursa Malaysia KLCI was one of the indices created to replace the KLCI. The new index was adopted on 6 July 2009, with the opening value taken from the closing value of the old KLCI on 3 July 2009.[2]

The enhancement will adopt the internationally recognised index calculation formula to increase transparency as well as making the index more tradable.[2]

Annual returns

The following table shows the annual development of the FTSE Bursa Malaysia KLCI since 1976.[3][4]

Year Closing level Change in index
in points
Change in index
in %
1976 91.68 6.61 7.77
1977 113.39 21.71 23.68
1978 156.22 42.83 37.77
1979 205.59 49.37 31.60
1980 366.70 161.11 78.36
1981 380.82 14.12 3.85
1982 291.45 −89.37 −23.47
1983 401.60 110.15 37.79
1984 303.56 −98.04 −24.41
1985 233.48 −70.08 −23.09
1986 252.43 18.95 8.12
1987 261.19 8.76 3.47
1988 357.38 96.19 36.83
1989 562.28 204.90 57.33
1990 505.92 −56.36 −10.02
1991 556.22 50.30 9.94
1992 643.96 87.74 15.77
1993 1,275.32 631.36 98.04
1994 971.21 −304.11 −23.85
1995 995.17 23.96 2.47
1996 1,237.96 242.79 24.40
1997 594.44 −643.52 −51.98
1998 586.13 −8.31 −1.40
1999 812.33 226.20 38.59
2000 679.64 −132.69 −16.33
2001 696.09 16.45 2.42
2002 646.32 −49.77 −7.15
2003 793.94 147.62 22.84
2004 907.43 113.49 14.29
2005 899.79 −7.64 −0.84
2006 1,096.24 196.45 21.83
2007 1,445.03 348.79 31.82
2008 876.75 −568.28 −39.33
2009 1,272.78 396.03 45.17
2010 1,518.91 246.13 19.34
2011 1,530.73 11.82 0.78
2012 1,688.95 158.22 10.34
2013 1,866.96 178.01 10.54
2014 1,761.25 −105.71 −5.66
2015 1,692.51 −68.74 −3.90
2016 1,641.73 −50.78 −3.00
2017 1,796.81 155.08 9.45
2018 1,690.58 −106.23 −5.91
2019 1,588.76 −101.82 −6.02
2020 1,627.21 38.45 2.42
2021 1,567.53 −59.68 −3.67
2022 1,495.49 −72.04 −4.60
2023 1,454.66 -40.83 -2.73

Constituents

The 30 constituent companies of the FBMKLCI, updated as of 24 June 2024:[5]

Constituent Name Stock Code Sector Market Cap (MYR)
AXIATA GROUP BERHAD 6888 Mobile network, network infrastructure & digital internet 26.48 billion
CELCOMDIGI BERHAD 6947 Telecommunications service & Internet services 47.63 billion
CIMB GROUP HOLDINGS BERHAD 1023 Financial services 73.59 billion
Genting Berhad 3182 Travel, Leisure & Hospitality 18.34 billion
Genting Malaysia Berhad 4715 Travel, Leisure & Hospitality 16.33 billion
HONG LEONG BANK BHD 5819 Financial services 42.55 billion
HONG LEONG FINANCIAL GROUP BHD 1082 Financial services 19.99 billion
IHH HEALTHCARE BERHAD 5225 Healthcare 53.04 billion
IOI CORPORATION BHD 1961 Plantations 25.05 billion
KUALA LUMPUR KEPONG BHD 2445 Plantation 24.06 billion
Malayan Banking Berhad 1155 Financial services 120.73 billion
MAXIS BERHAD 6012 Telecommunications service & Internet services 29.49 billion
MISC BHD 3816 Energy shipping, Maritime services 37.78 billion
MR D.I.Y. GROUP (M) BERHAD 5296 Retail 17.48 billion
NESTLE (M) BHD 4707 Food & Beverages 30.06 billion
PETRONAS CHEMICALS GROUP BHD 5183 Chemicals 55.36 billion
PETRONAS DAGANGAN BHD 5681 Oil and gas 20.29 billion
PETRONAS GAS BHD 6033 Oil and gas 36.30 billion
PPB GROUP BHD 4065 Plantation & Properties 21.26 billion
PRESS METAL ALUMINIUM HOLDINGS BERHAD 8869 Metals 44.16 billion
PUBLIC BANK BHD 1295 Financial services 81.65 billion
QL RESOURCES BHD 7084 Agriculture 15.77 billion
RHB BANK BERHAD 1066 Financial services 24.10 billion
SIME DARBY BHD 4197 Conglomerate 19.73 billion
SD GUTHRIE BERHAD 5285 Plantation 30.43 billion
SUNWAY BERHAD 5211 Industrial N/A
TELEKOM MALAYSIA BHD 4863 Telecommunications 25.17 billion
TENAGA NASIONAL BHD 5347 Electric power industry 75.93 billion
YTL CORPORATION BHD 4677 Conglomerate 42.88 billion
YTL POWER INTERNATIONAL BHD 6742 Electric power industry 44.06 billion

Eligibility

The two main eligibility requirements stated in the FTSE Bursa Malaysia Index Ground Rules are the free float and liquidity requirements.

Free float

Each company is required to have a minimum free float of 15%. The free float excludes restricted shareholding like cross holdings, significant long term holdings by founders, their families and/or directors, restricted employee share schemes, government holdings and portfolio investments subject to a lock in clause, for the duration of that clause. A free float factor is applied to the market capitalisation of each company in accordance with the banding specified in the FTSE Bursa Malaysia Ground Rules. The factor is used to determine the attribution of the company's market activities in the index.

Liquidity

A liquidity screen is applied to ensure the company's stocks are liquid enough to be traded. Companies must ensure that at least 10% of their free float adjusted shares in issue is traded in the 12 months prior to an annual index review in December.

It contains 30 companies from the main market with approximately 900 to 1000 listed companies. The index has a base value of 100 as of 2 January 1977.[6]

See also

References

  1. ^ a b c "FTSE Bursa Malaysia KLCI Factsheet" (PDF). FTSE.
  2. ^ a b FTSE Bursa Malaysia KLCI Index Research Paper (PDF), 2009, p. 1, archived from the original (PDF) on 23 November 2010
  3. ^ Meridian Securities Markets, Electronic Commerce Inc.: World Stock Exchange Fact Book, Electronic Commerce Inc., Morris Plains NJ 1995, ISBN 1-891518-19-4
  4. ^ "FTSE Bursa Index (Malaysia) Yearly Stock Returns". www.1stock1.com. Retrieved 9 February 2024.
  5. ^ "Bursa Malaysia FBMKLCI Companies" (PDF).
  6. ^ Bloomberg.com. KLCI:IND KUALA LUMPUR COMP INDEX

The latest information on the index and its components can be found on FTSE's website. FTSE Bursa Malaysia Index Series

A detailed list of the index components with description of each company, logo and link to its website can be found on ASEAN UP Top 30 companies from Malaysia's KLCI