What Is FBM KLCI? Malaysia's Key Stock Market Index
•By Lukman Hakim
Artikel ini juga tersedia dalam Bahasa Melayu
Loading...
FBM KLCI is one of the new terms in the stock market that we need to recognise and understand.
Once you start getting involved in the stock market world, it becomes your responsibility to learn the terms that are frequently used.
It comprises the 30 largest companies on Bursa Malaysia based on their market capitalisation.
FBM KLCI serves as the benchmark to gauge whether Bursa Malaysia is trending upward or downward.
Source: MPLUS ONLINE PLATFORM
From the image above, we can see that Maybank is #1 in market capitalisation at 104.088 billion. Its share price per unit is RM9.440.
#2 is Public Bank at 96.277 billion. Its share price per unit is RM24.880.
Third is Tenaga with a market capitalisation of 77.920 billion and a share price of RM13.760 per unit.
Fourth is PCHEM at 73.600 billion with a share price of RM9.270 per unit.
Last in the TOP #5 is CIMB Bank at 55.282 billion with a share price of RM5.800 per unit.
In other words, almost all 30 companies in the FBM KLCI are companies with a market capitalisation of RM10 billion and above.
These companies determine the movement of the FBM KLCI. When the majority of these 30 companies are profitable, the index rises for the day.
If many companies are in the red, the index will also be in the red for the day.
FBM KLCI stands for FTSE Bursa Malaysia Kuala Lumpur Composite Index. It is the primary benchmark index for the Malaysian stock market, tracking the performance of the top 30 companies by market capitalisation on Bursa Malaysia.
The FBM KLCI comprises 30 of the largest companies listed on Bursa Malaysia, ranked by their market capitalisation. These are typically blue-chip companies with strong financial standing.
FBM KLCI serves as a barometer for the overall health of the Malaysian stock market. When the index rises, it generally indicates that the market is performing well. When it falls, it signals a downturn. Investors use it to gauge market sentiment and make informed decisions.
Successful investing starts with solid knowledge.
Investment Basics:
Download our free ebook for a comprehensive guide.
Open a CDS Account:
Ready to begin? Open a CDS account now.