The FTSE Bursa Malaysia KLCI (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.
The enhancement will adopt the internationally recognised index calculation formula to increase transparency as well as making the index more tradable.
Annual returns The following table shows the annual development of the FTSE Bursa Malaysia KLCI since 1976.Meridian Securities Markets, Electronic Commerce Inc.: World Stock Exchange Fact Book, Electronic Commerce Inc., Morris Plains NJ 1995, YearClosing levelChange in indexin pointsChange in indexin % 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 10.3420131,866.96178.0110.5420141,761.25−105.71−5.6620151,692.51−68.74−3.9020161,641.73−50.78−3.0020171,796.81155.089.4520181,690.58−106.23−5.9120191,588.76−101.82−6.0220201,627.2138.452.4220211,567.53−59.68−3.6720221,495.49−72.04−4.6020231,454.66 -40.83 -2.7320241,642.33 187.67 12.9020251,680.11 37.78 2.30
Constituents The 30 constituent companies of the FBMKLCI, updated as of 5 December 2024: Constituent Name Stock CodeSectorMarket Cap (MYR) 99 SPEED MART RETAIL HOLDINGS BERHAD 5326RetailersN/A AXIATA GROUP BERHAD 6888Mobile network, network infrastructure & digital internet26.48 billion CELCOMDIGI BERHAD 6947Telecommunications service & Internet services47.63 billion CIMB GROUP HOLDINGS BERHAD 1023Financial services73.59 billion GAMUDA BERHAD 5398ConstructionN/A HONG LEONG BANK BHD 5819Financial services42.55 billion HONG LEONG FINANCIAL GROUP BHD 1082Financial services19.99 billion IHH HEALTHCARE BERHAD 5225Healthcare53.04 billion IOI CORPORATION BHD 1961Plantations25.05 billion KUALA LUMPUR KEPONG BHD 2445Plantation24.06 billion Malayan Banking Berhad 1155Financial services120.73 billion MAXIS BERHAD 6012Telecommunications service & Internet services29.49 billion MISC BHD 3816Energy shipping, Maritime services37.78 billion MR D.I.Y. GROUP (M) BERHAD 5296Retail17.48 billion NESTLE (M) BHD 4707Food & Beverages30.06 billion PETRONAS CHEMICALS GROUP BHD 5183Chemicals55.36 billion PETRONAS DAGANGAN BHD 5681Oil and gas20.29 billion PETRONAS GAS BHD 6033Oil and gas36.30 billion PPB GROUP BHD 4065Plantation & Properties21.26 billion PRESS METAL ALUMINIUM HOLDINGS BERHAD 8869Metals44.16 billion PUBLIC BANK BHD 1295Financial services81.65 billion QL RESOURCES BHD 7084Agriculture15.77 billion RHB BANK BERHAD 1066Financial services24.10 billion SIME DARBY BHD 4197Conglomerate19.73 billion SD GUTHRIE BERHAD 5285Plantation30.43 billion SUNWAY BERHAD 5211IndustrialN/A TELEKOM MALAYSIA BHD 4863Telecommunications25.17 billion Tenaga Nasional 5347Electric power industry83.01 billion YTL CORPORATION BHD 4677Conglomerate42.88 billion YTL POWER INTERNATIONAL BHD 6742Electric power industry44.06 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.Bloomberg.com. KLCI:IND KUALA LUMPUR COMP INDEX
See also FTSE Bursa Malaysia Index
References
External links Bursa Malaysia official website
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