KUALA LUMPUR: Bursa Malaysia Bhd
today announced 11 additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and 11 additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index.
In a statement today, the bourse said that the F4GBM Index includes publicly listed companies (PLCs) with good liquidity and strong environmental, social, and governance (ESG) practices.
"The F4GBM Index constituents are drawn from PLCs on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium, and large market capitalization segments.
"On the other hand, it said that the F4GBMS Index, which launched in July 2021 with 54 constituents, is designed to track constituents in the F4GBM that are Shariah-compliant in accordance with the Shariah Advisory Council (SAC) screening methodology,” it said.
Both indices are reviewed semi-annually in June and December against international benchmarks, it said.
The exchange is pleased to see that the number of constituents on the F4GBM Index has continued to increase year-on-year.
"For the latest review period of Dec 2023, the F4GBM Index constituents' total number is 109. Separately, the F4GBMS Index will increase the index’s constituent count to 88,” it said.
The exchange added that no PLC will drop out from the two aforementioned indices in this round of review, and all constituent changes will take effect at the start of the business day on Dec 18, 2023 (Monday).
The updated listings of F4GBM Index and F4GBMS Index will be available on the Bursa Malaysia website after Dec 22, 2023.
