The FBM KLCI is a tradable index comprises of the 30 largest companies in the Bursa Malaysia by market capitalization. The index’s component stocks are due for second 2011 revision on 8th December.
Based on the recent data, PLUS and Gamuda are expected to drop from FBM KLCI components. PLUS will be dropped due to privatization.
On the other hand, Gamuda will be dropped because it is now the 37th largest company by market capitalization. This is because as per FTSE regulations, if the counter no longer in the top 35th, it should be dropped from the FBM KLCI.
Based on the table below, to replace PLUS and Gamuda, 3 most likely candidates are Nestle, AirAsia and Bumi Armada.
| No | Stock | Market Cap (RM bil) | KLCI Component | Price (RM) |
|---|---|---|---|---|
| 1 | Malayan Banking | 61.62 | Y | 8.24 |
| 2 | CIMB Group Holdings | 53.96 | Y | 7.26 |
| 3 | Sime Darby | 53.24 | Y | 8.86 |
| 4 | Petronas Chemicals Group | 51.12 | Y | 6.39 |
| 5 | Public Bank | 44.50 | Y | 12.60 |
| 6 | Axiata Group | 41.48 | Y | 4.90 |
| 7 | Genting Malaysia | 39.68 | Y | 10.68 |
| 8 | Maxis | 39.52 | Y | 5.27 |
| 9 | IOI Corp | 32.43 | Y | 5.05 |
| 10 | Tenaga Nasional | 31.59 | Y | 5.79 |
| 11 | MISC | 30.26 | Y | 6.78 |
| 12 | DiGi.Com | 26.44 | Y | 34.00 |
| 13 | Petronas Gas | 26.12 | Y | 13.20 |
| 14 | Genting | 22.50 | Y | 3.80 |
| 15 | Kuala Lumpur Kepong | 22.20 | Y | 20.82 |
| 16 | PLUS Expressways | 22.00 | Y | 4.40 |
| 17 | PPB Group | 19.96 | Y | 16.84 |
| 18 | Hong Leong Bank | 19.89 | Y | 10.58 |
| 19 | AMMB Holdings | 17.30 | Y | 5.74 |
| 20 | Petronas Dagangan | 16.11 | Y | 16.22 |
| 21 | RHB Capital | 16.09 | Y | 7.34 |
| 22 | Telekom Malaysia | 15.17 | Y | 4.24 |
| 23 | YTL Corp | 14.03 | Y | 1.47 |
| 24 | YTL Power International | 13.27 | Y | 1.82 |
| 25 | British American Tobacco | 13.16 | Y | 46.10 |
| 26 | Hong Leong Financial Group | 12.36 | Y | 11.74 |
| 27 | Nestle (Malaysia) | 11.49 | N | 49.00 |
| 28 | Bumi Armada | 11.13 | N | 3.80 |
| 29 | AirAsia | 10.47 | N | 3.77 |
| 30 | Malaysia Marine and Heavy Engineering | 9.52 | Y | 5.95 |
| 31 | UEM Land | 8.99 | N | 2.08 |
| 32 | IJM Corp | 7.98 | N | 5.80 |
| 33 | UMW Holdings | 7.94 | Y | 6.80 |
| 34 | MMC Corp | 7.58 | Y | 2.49 |
| 35 | SP Setia | 7.00 | N | 3.81 |
| 36 | Batu Kawan | 6.93 | N | 15.90 |
| 37 | Gamuda | 6.86 | Y | 3.32 |
| 38 | Malaysia Airport Holdings | 6.77 | N | 6.15 |
| 39 | Fraser & Neave | 6.27 | N | 17.38 |
| 40 | Parkson Holdings | 6.03 | N | 5.51 |
| 41 | Genting Plantations | 5.97 | N | 7.87 |
| 42 | Lafarge Malaysia | 5.85 | N | 6.88 |
| 43 | Berjaya Sports Toto | 5.73 | N | 4.24 |
| 44 | Alliance Financial Group | 5.31 | N | 3.43 |
| 45 | Kencana Petroleum | 5.16 | N | 2.59 |
| 46 | SapuraCrest Petroleum | 5.15 | N | 4.03 |
| 47 | Boustead Holdings | 5.11 | N | 5.43 |
| 48 | Berjaya Land | 4.90 | N | 0.98 |
| 49 | Dialog Group | 4.72 | N | 2.36 |
| 50 | Malaysian Airline Systems | 4.71 | N | 1.41 |