KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
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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