AMMB returns to the FBM KLCI, HLFG excluded
KUALA LUMPUR: AMMB Holdings Bhd will replace Hong Leong Financial Group Bhd on the FBM KLCI, following a semi-annual review of the index.
AMMB, which was knocked out of the 30-stock index in June last year, has returned to the stock exchange's Top 25 stocks by market capitalisation as of May 26, 2025, according to a joint statement by FTSE Russell and Bursa Malaysia.
The FBM KLCI's reserve list - the five largest non-constituents by market capitalsation - now comprises Genting Bhd , IOI Properties Group Bhd , KPJ Healthcare Bhd , United Plantations Bhd and Westports Holdings Bhd .
Menawhile, four new companies were added to the FTSE Bursa Malaysia Mid 70 Index, namely Kerjaya Prospek Group Bhd , Sam Engineering & Equipment Bhd, Sunway Real Estate Investment Trust and Tropicana Corp Bhd .
Sime Darby Property will replace Scientex Bhd on the FTSE Bursa Malaysia Hijrah Shariah Index.
According to the statement, the changes to the indices will take effect on Monday, June 23. The next semi-annual review is scheduled for December 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Focus Malaysia
13 hours ago
- Focus Malaysia
Bursa Malaysia rises for 2nd straight day on continued bargain hunting
BURSA Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 0.67%, or 10.15 points, to 1,518.12 from Wednesday's close of 1,507.97. The benchmark index opened 2.73 points higher at 1,510.70, and moved between 1,509.25 and 1,520.34 throughout the trading session. The broader market remained positive with gainers outpacing decliners 641 to 341, while 437 counters were unchanged, 937 untraded, and 20 suspended. Turnover improved to 2.42 billion units valued at RM2.27 bil compared with Wednesday's 2.40 billion units worth RM2.03 bil. ‒ June 5, 2025
Focus Malaysia
13 hours ago
- Focus Malaysia
Bursa Malaysia ends slightly lower tracking regional markets
BURSA Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. At 5 pm, the FBM KLCI was down 0.08 per cent, or 1.33 points, to 1,516.79 from Thursday's close of 1,518.12. The benchmark index opened at 1,516.91, less 1.21 points, and moved between 1,513.39 and 1,518.71 throughout the trading session. Market breadth was negative, as decliners outnumbered gainers 478 to 325. A total of 529 counters remained unchanged, with 1,014 untraded and 20 suspended. Turnover dropped to 1.92 bil units worth RM1.66 bil compared with Thursday's 2.42 bil units valued at RM2.27 bil. —June 6, 2025
The Star
13 hours ago
- The Star
Bursa Malaysia ends slightly lower tracking regional markets
KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.08 per cent, or 1.33 points, to 1,516.79 from Thursday's close of 1,518.12. The benchmark index opened at 1,516.91, less 1.21 points, and moved between 1,513.39 and 1,518.71 throughout the trading session. Market breadth was negative, as decliners outnumbered gainers 478 to 325. A total of 529 counters remained unchanged, with 1,014 untraded and 20 suspended. Turnover dropped to 1.92 billion units worth RM1.66 billion compared with Thursday's 2.42 billion units valued at RM2.27 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that key regional indices ended mixed as investors remained cautious, awaiting further signals on trade negotiations between the United States (US) and key regional players, especially China. Besides, he said that the weak performance on Wall Street overnight hurt market sentiment globally. Meanwhile, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI posted a marginal decline, despite Thursday's notable technical rebound, which helped cushion broader losses. He said gains were concentrated mainly in select index constituents, supported by short-term technical recovery and renewed optimism surrounding data centre-related themes. However, foreign investors continued to pare down their holdings in Malaysian equities, marking a third consecutive week of net selling. Additionally, although US President Donald Trump described his phone conversation with President Xi Jinping as "very good', the remarks failed to lift sentiment meaningfully. Asian markets closed mixed, with major Chinese indices ending in negative territory, highlighting persistent investor caution amid unresolved geopolitical and macroeconomic headwinds. Meanwhile, risk sentiment on Wall Street was briefly pressured by a public feud between Trump and businessman Elon Musk, centred on threats to revoke Musk's government contracts. "At this stage, we view the issue as isolated, with limited impact on the broader technology sector in both the US and Malaysian markets,' said Mohd Sedek. Among the heavyweights, Petronas Chemicals shed 11 sen to RM3.25, Press Metal Aluminium eased 7.0 sen to RM4.96, 99 Speed Mart Retail slid 2.0 sen to RM2.09, RHB Bank reduced 5.0 sen to RM6.35, and Petronas Dagangan fell by 14 sen to RM21.00. Among the most active stocks, MYE added 1.5 sen to 94.5 sen, Tanco and Gamuda rose 3.0 sen each to RM1.03 and RM4.77, respectively, KPJ dropped 3.0 sen to RM2.75, and Signature Alliance Group gained 1.0 sen to 71 sen. On the index board, the FBM Emas Index weakened 7.49 points to 11,355.34, the FBMT 100 Index cut 4.67 points to 11,123.69, but the FBM ACE Index gained 1.18 points to 4,519.32. The FBM Emas Shariah Index gave up 11.52 points to 11,329.22, but the FBM 70 Index recovered 13.26 points to 16,296.57. Sector-wise, the Financial Services Index fell 31.26 points to 17,708.31, and the Industrial Products and Services Index was 1.32 points lower at 150.80. However, the Energy Index rose 9.84 points to 718.45, and the Plantation Index grew 33.47 points to 7,252.85. The Main Market volume narrowed to 964.07 million units valued at RM1.46 billion compared to Thursday's 1.16 billion units worth RM2.00 billion. Warrants turnover dwindled to 706.23 million units worth RM98.53 million from 898.22 million units valued at RM114.39 million yesterday. The ACE Market volume declined to 249.20 million shares, valued at RM105.00 million, compared with 361.18 million shares worth RM153.86 million previously. Consumer products and services counters accounted for 123.80 million shares traded on the Main Market, industrial products and services (164.82 million), construction (86.55 million), technology (154.08 million), SPAC (nil), financial services (54.91 million), property (133.50 million), plantation (8.96 million), REITs (14.57 million), closed-end funds (4,000), energy (79.64 million), healthcare (48.05 million), telecommunications and media (39.11 million), transportation and logistics (17.48 million), utilities (38.55 million), and business trusts (1,000). - Bernama
