KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 4.48 points to 1,676.83 from Tuesday’s close of 1,672.35. The benchmark index opened 0.88 of-a-point lower at 1,671.47 and subsequently hit a low of 1,665.94 during the mid-morning session before gaining momentum toward closing. On the broader market, losers led gainers by 565 to 512, while some 526 counters were unchanged, 1,046 untraded, and 10 suspended. Turnover improved to 2.73 billion units worth RM2.76 billion versus Tuesday’s 2.66 billion units worth RM2.76 billion. Dealers said that investors were cautious following geopolitical developments in Asia.
Key Takeaways
No changes expected for the KLCI in the December review — signalling near-term index stability.
Sime Darby remains safely above the removal zone despite being the lowest-cap name in the benchmark.
Westports still falls short of entry, ranking 27th vs. the top-25 requirement for inclusion.
IOI Corp passes liquidity tests, removing earlier concerns about potential exclusion.
Reserve list likely to feature Westports, United Plantations and KPJ Healthcare.
Review outcome on Dec 6 may guide passive fund flows and year-end positioning.
Malaysia’s benchmark FBM KLCI is expected to remain unchanged in the upcoming December 2025 semi-annual review, with all 30 constituents appearing safe from exclusion, according to RHB Research.
Sime Darby Bhd — currently the smallest company in the index — sits at 32nd by market capitalisation, comfortably above the deletion threshold of 36th place. Meanwhile, Westports Holdings Bhd, the largest non-constituent, ranks 27th, still short of the top-25 cutoff required for inclusion.
“Based on the latest market cap rankings and liquidity metrics, we do not anticipate any reshuffling in the KLCI list for the December review,” RHB Research wrote.
Under FTSE Russell rules, a stock must:
Rank within the top 25 to enter the index,
Fall to 36th or lower to risk removal,
Maintain at least 15% public shareholding, and
Meet liquidity standards: median daily traded volume of at least 0.04% (adjusted for investability) in 8 of the past 12 months.
RHB noted that IOI Corporation has cleared its liquidity concerns after previously being flagged as at-risk.
The research house expects the reserve list — used as replacements should any KLCI constituent be removed before the next review — to include:
Westports Holdings
United Plantations
KPJ Healthcare
Fraser & Neave Holdings is excluded due to insufficient liquidity.
The results of the December review will be announced Dec 6, based on market capitalisation rankings as of Nov 24, with any changes taking effect Dec 24.
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