The FBM KLCI is a tradable index comprises of the 30 largest companies in the Bursa Malaysia by market capitalization. The index’s a component underwent a review on 8th December 2011
The prediction made earlier, was partly correct. Bumi Armada, UEM Land and AirAsia are joining the KLCI to replace PLUS, MISC and Gamuda. UEM Land’s inclusion is effective from 13th December while Bumi Armada and AirAsia will be part of the index from 19th December.
With Gamuda drop from the index, there is no longer any construction representative in the index. However, the inclusion of UEM Land into the index gives a property sector representation.
The table below is the new FBM KLCI component’s stock together with their sector, market capitalization (actual & adjusted) and weightage.