FBM30 adapted as FBM KLCI replacing previous KLCI as the market benchmark.FTSE Bursa Malaysia KLCI is made up of the 30 largest listed companies by market value, with at least a 15% free float and minimum 10% annual turnover of free-float shares.
Previous KLCI has 100 component stock while the new FBM KLCI only 30.
The components will be revised twice a year, June and December.*
Final list of 30 component stocks is at
Top 5 sectors
KLCI FBM KLCI
sector weightage (%) sector weightage (%)
Banking 25.2 Banking 33.7
Plantation 14.8 Plantation 18.7
Transport 11.1 Utilities 11.2
Utilities 9.5 Gaming 9.9
Telco 8.1 Telco 9.3
5 sector which have a total over 82% of KLCI weightage: finance, plantations, power, telco and gaming
2 sector which have a total over 52% of KLCI weightage: bank & plantation
7 sectors NOT in FBM KLCI – building materials, construction, hotels, insurance, property, timber and technology. In another way to put it, these 7 sector has a total of 0% of KLCI weightage.
Top 5 stocks
KLCI FBM KLCI
stock weightage (%) stock weightage (%)
Sime 7.2 Commerce 10.2
Maybank 7.0 Public Bank 10.0
Tenaga 5.6 Sime 9.8
Commerce 5.5 Mayban 9.7
IOI Corp 4.9 Tenaga 7 .8
10 counters which have a total over 71% KLCI weightage: Commerce, Maybank, Public Bank, Sime, IOI, Genting, Resorts, Axiata,Tenaga and MISC.
Power 5 counters which have a total over 50% KLCI weightage: Commerce, Public Bank, Sime, Maybank and Tenaga.
Highest free float factor : Commerce (100%) and Public Bank (100%)
Lowest free float factor : RHB (25%)
Highest weightage: Commerce (10.1%)
Lowest weightage: MAS (0.5%)
Highest share price: BAT (RM44.50) close price on 3rd July 09
Lower share price: MMC (RM2.09) close price on 3rd July 09
BTW, Bursa Bhd which initiated the FTSE standard itself is NOT in the FBM KLCI list.
I think this post will need updates and I will if necessary.
* Start speculating prior to June and December which new counters will enter the list and which counters will be kicked-out. Buy those speculated new entry and hope index fund manager adjust their portfolio accordingly. We can make it a semi-annual betting event, more fun than betting which candidate going to win the next pilihanraya kecil.