CEO Morning Brief

Mah Sing and OSK Holdings In, Astro, Magnum and TSH Out of MSCI Malaysia Small Cap Index

Publish date: Thu, 16 May 2024, 10:40 AM
0 22,851
TheEdge CEO Morning Brief

KUALA LUMPUR (May 15): Mah Sing Group Bhd (KL:MAHSING) and OSK Holdings Bhd (KL:OSK) have been included in the MSCI Malaysia Small Cap Index, while Astro Malaysia Holdings Bhd (KL:ASTRO), Magnum Bhd (KL:MAGNUM) and TSH Resources Bhd (KL:TSH) have been removed from the index, effective May 31.

In a statement on Tuesday, MSCI listed the inclusions and deletions.

There will be no change to the constituents of the main MSCI Malaysia Index.

The MSCI Malaysia Index is designed to measure the performance of the large- and mid-cap segments of the Malaysian market.

With 32 constituents, the index covers about 85% of the Malaysian equity universe.

According to the MSCI website, the MSCI Malaysia Index dipped 3.49% in 2023.

The top 10 constituents are Public Bank Bhd (KL:PBBANK), Malayan Banking Bhd (KL:MAYBANK), CIMB Group Holdings Bhd (KL:CIMB), Tenaga Nasional Bhd (KL:TENAGA), Press Metal Aluminium Holdings Bhd (KL:PMETAL), Petronas Chemicals Group Bhd (KL:PCHEM), CelcomDigi Bhd (KL:CDB), Petronas Gas Bhd (KL:PETGAS), IHH Healthcare Bhd (KL:IHH) and Hong Leong Bank Bhd (KL:HLBANK).

Source: TheEdge - 16 May 2024

Related Stocks
Market Buzz
Be the first to like this. Showing 0 of 0 comments

Post a Comment