Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

Nestle, Press Metal to be added to FBM KLCI list of component stocks

TheEdge Thu, Nov 30, 2017 - 5 months ago


KUALA LUMPUR (Nov 30): Nestle (M) Bhd and Press Metal Aluminium,  Holdings Bhd, both of which had seen their share prices hitting record highs recently, will be added to the FBM KLCI list of 30 component stocks, following a semi-annual review on Bursa Malaysia’s index series.

Meanwhile, British American Tobacco (M) Bhd (BAT) and IJM Corp Bhd will be dropped from the benchmark index, according to press statements released today.  

The new additions for the Mid 70 index are BAT, IJM Corp, Westports, Gas Malaysia Bhd, Hengyuan Refining Company Bhd, Lafarge Malaysia Bhd and Lotte Chemical Titan Holding Bhd.

This will result in Karex Bhd, Mah Sing Group Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Press Metal Aluminium Holdings, Taliworks, TMC Life Sciences Bhd, Datasonic Group Bhd, and AirAsia X Bhd being removed from the list.

Meanwhile, Bursa Malaysia’s Hijrah Shariah index will see the additions of IOI Corp Bhd, Lotte Chemical, and Nestle (M) Bhd to its list while Digi.com Bhd, KPJ Healthcare Bhd, MISC Bhd, Time Dotcom Bhd, and UEM Sunrise Bhd will be removed.

The reserve list are Hartalega Holdings, Malaysia Airports, Dialog Group, Lotte Chemical Titan Holding and Gamuda, the statement read.

The KLCI reserve list on Bursa Malaysia, which comprise the five highest ranking non-constituents of the index by market capitalization, will be used in the event that one or more constituents are deleted from the FTSE Bursa Malaysia KLCI, in accordance with the index ground rules during the period up to the next semi-annual review.

It is also worth noting that Westports Holdings Bhd and Sime Darby Property (M) Bhd, which made its debut on the stock exchange this morning, will be dropped from the benchmark index.






Related Stocks

AAX 0.370
AIRASIA 3.220
BAT 31.620
BURSA 7.840
DIALOG 3.500
DIGI 4.510
DSONIC 0.920
GAMUDA 4.210
GASMSIA 2.800
HARTA 6.100
HENGYUAN 7.060
IJM 2.060
IOICORP 4.750
KAREX 0.600
KPJ 0.940
LAFMSIA 3.290
LCTITAN 5.120
MAHSING 1.090
MHB 0.705
MISC 5.960
NESTLE 147.000
PMETAL 4.590
SIME 2.760
SIMEPROP 1.390
TALIWRK 0.885
TIMECOM 8.150
TMCLIFE 0.760
UEMS 0.840
WPRTS 3.480

Comments

Login to comment.