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FTSE Bursa Malaysia Kuala Lumpur Composite Index Case Study

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1.1 FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI)
The FTSE Bursa Malaysia KLCI, also known as the FBM KLCI, is a capitalization-weight stock market index, FBM KLCI comprised of the 30 largest listed companies by full market capitalization on the Bursa Malaysia’s Main Board. The index is jointly operated by FTSE and Bursa Malaysia.
The Kuala Lumpur Composite Index (KLCI) first introduced on 4 April 1986 and the base value 100 on the base day 1 January 1977. On 6th July 2009, Bursa Malaysia introduced an enhancement of the Kuala Lumpur Composite Index. The KLCI adopted the FTSE’s global index standards and became known as the FTSE Bursa Malaysia KLCI. The FTSE Bursa Malaysia Derivatives Index adopts an internationally accepted index calculation method to provide a more investment-oriented, manageable and transparent management index. …show more content…

During the term of the term, free-float shares do not include restricted shares, such as cross holdings, significant long-term shareholdings held by the founders and their families and / or directors, restricted employee stock ownership plans, government shareholdings and Securities Investment Subject to Locking Terms. According to the basic rules of the FBMK, a free float factor is applied to each company 's market capitalization. This factor is used to determine the attribution of the company 's market activity to the index. And they also required each company must ensure that at least 10% of the outstanding shares in free float adjusted for trading are traded within 12 months prior to the annual index review in December to make sure the company 's stock is liquid enough for

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