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6Jul/090

KLCI is now FTSE Bursa Malaysia KLCI (FBM KLCI)

Starting from today, KLCI is now known as FBM KLCI. The FBM KLCI is formed by 30 stocks in contrast to the previous 100-index linked stocks.

Today's market opens low, fell 6.02 points to 1072.69 at 11am. The market seems to be very "quiet". Is this the effect from the new FBM KLCI? Maybe everyone just wait and monitor.

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2Jul/090

New FTSE Bursa Malaysia KLCI

The new FTSE Bursa Malaysia (FBM) KLCI will replace the existing one, KLCI which is 100 stocks, with 30 stocks, effectively July 6, 2009.