2013-10-18 [Info] FTSE Bursa Malaysia KLCI: Top 30 companies in Bursa Malaysia by market capitalization size

Source: [Kuala Lumpur Stock Exchange - Bursa Saham News]

Top 30 companies in Bursa Malaysia by market capitalization size.

Top 30 companies listed in Bursa Malaysia by the size of their market capitalization. This is as of March 2012.

The Kuala Lumpur Composite Index (KLCI) is a capitalization-weighted stock market index. Introduced in 1986, it is now known as the FTSE Bursa Malaysia KLCI.

The enhancements to adopt FTSE Bursa Malaysia Index methodology were implemented on Monday, July 6, 2009.

The enhancement will adopt the internationally recognized index calculation formula to increase transparency as well as making the index more tradable.

The FTSE Bursa Malaysia KLCI comprises the largest 30 companies listed on the Malaysian Main Market by full market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia Index Ground Rules.

The two main eligibility requirements stated in the FTSE Bursa Malaysia Index Ground Rules are the free float and liquidity requirements.

• FREE FLOAT

Each company is required to have a minimum free float of 15%. The free float excludes restricted shareholding like cross holdings, significant long term holdings by founders, their families and/or directors, restricted employee share schemes, government holdings and portfolio investments subject to a lock in clause, for the duration of that clause. A free float factor is applied to the market capitalisation of each company in accordance with the banding specified in the FTSE Bursa Malaysia Ground Rules. The factor is used to determine the attribution of the company’s market activities in the index.

• LIQUIDITY

A liquidity screen is applied to ensure the company’s stocks are liquid enough to be traded. Companies must ensure that at least 10% of their free float adjusted shares in issue is traded in the 12 months prior to an annual index review in December.

It contains 30 companies from the main market with approximately 900 to 1000 listed companies. The index has a base value of 100 as of January 2, 1977.

Source : Wikipedia