• Connect with Carsem

MPI in FTSE4GOOD Bursa Malaysia Index

MPI in FTSE4GOOD Bursa Malaysia Index

KUALA LUMPUR (June 9): Bursa Malaysia Bhd on Thursday announced 10 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and nine new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index, for the latest review period of June 2022.

In a statement, the exchange noted there are 10 new additions and two deletions from the F4GBM Index constituents, bringing the total number of constituents to 87.

“Separately, the nine new additions to the F4GBMS Index will increase the index’s constituent count to 65. All constituent changes will take effect at the start of business on Monday, June 20,” it said.

The 10 new inclusions into F4GBM are Dialog Group Bhd, George Kent (M) Bhd, Greatech Technology Bhd, Innature Bhd, Malaysian Pacific Industries Bhd, Paramount Corp Bhd, Press Metal Aluminium Bhd, Scicom (MSC) Bhd, Scientex Bhd and S P Setia Bhd.

The two exclusions were Magnum Bhd and MNRB Holdings Bhd.

The F4GBM index, which was launched in December 2014 with 24 constituents, measures the performance of public-listed companies (PLCs) that demonstrate strong environmental, social and governance (ESG) practices. The F4GBM Index constituents are drawn from FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments.

On the other hand, the F4GBMS Index which was launched in July 2021 with 54 constituents, is designed to track F4GBM constituents that are Shariah-compliant in accordance with the Shariah Advisory Council screening methodology. Both indices are reviewed semi-annually in June and December against international benchmarks.

https://www.theedgemarkets.com/article/ftse4good-bursa-malaysia-index-adds-10-new-constituents