Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

JOINT MEDIA RELEASE ______________ FTSE and Bursa

VIEWS: 3 PAGES: 6

									JOINT MEDIA RELEASE
______________________________________________________

 FTSE and Bursa Malaysia introduce new sector indices and refine
                  Ground Rules on free-float
______________________________________________________
Kuala Lumpur/Hong Kong, 3 October 2011 – FTSE Group (“FTSE”) and Bursa Malaysia Berhad (“Bursa
Malaysia”) today announced the launch of a new set of Industry, Supersector and Sector indices to
complement the existing FTSE Bursa Malaysia Index Series. The new FTSE Bursa Malaysia EMAS Industry
indices are designed to provide investors with a comprehensive set of tools for in-depth analysis of the Malaysian
stock market.


In conjunction with this extension of the existing FTSE Bursa Malaysia Index Series, the free-float
methodology for the FTSE Bursa Malaysia Index Series has been reviewed and enhanced, to ensure the
indices continue to provide the most accurate reflection of the Malaysian equity market opportunity.


New Sector Indices
The new set of 10 Industry, 19 Supersector and 39 Sector indices can be used to execute investment
strategies and to create index-linked financial products based on sector-specific criteria. As a result,
investors will gain deeper granularity and better understanding of the sectors, including those that are
driving market performance. Designed using the Industry Classification Benchmark (ICB), adopted as a
global standard in stock, sector and industry classification, the indices will also enable investors to make
attribution and cross border comparison between sectors and industries in Malaysia and other countries.


The new FTSE Bursa Malaysia EMAS Industry indices form part of the FTSE Bursa Malaysia EMAS universe
and will be calculated on an end of day basis. Subscribers of the FTSE Bursa Malaysia Index Series will
receive the new indices as part of their existing data package at no extra cost. A full list of the Industry,
Supersector and Sector indices can be found in Appendix 1.


Refining the Free Float Definition
Since the creation of the first FTSE Bursa Malaysia indices in 2006, the FTSE Bursa Malaysia Index Advisory
Committee, an independent committee of market specialists and industry experts, has continued to place
emphasis on investability, amongst other factors.


The change to the definition of free float restrictions continues to provide domestic investors with robust,
reflective and accurate benchmarks and tradable indices. At the same time, the alignment of the FTSE Bursa
Malaysia Index Series methodology towards that of the flagship FTSE Global Equity Index Series, used by

                                                                                                               1
investors around the world, maintains an internationally approved approach to the Malaysian financial
market.


The methodology change is one of a number of factors reviewed to ensure that as the index series develops,
it continues to provide investors with a sound representation of the true investability of companies in the
FTSE Bursa Malaysia Index Series, thereby enabling effective and efficient replication of the index.


The enhancement to the index series ground rules will take effect immediately and will also be applied to all
new IPOs eligible for inclusion within the FTSE Bursa Malaysia Index Series. The free-float of existing
constituents will be reviewed during the December 2011 index review. Details of the free float changes can
be found in Appendix 2.


For more information on the indices within the FTSE Bursa Malaysia Index Series, including performance
data, constituent information and the index ground rules, please visit www.ftse.com/bursamalaysia.


                                                         -ENDS -
For further information

FTSE Group
Emily Mok
Tel:    +852 2164 3333
Fax:    +852 2164 3202
E-mail: media@ftse.com

If you are not a member of the press, please contact your local Client Services team.
Bursa Malaysia
Julie Goh
Head, Public Relations
Tel:    +603 2034 7519
Fax:    +603 2732 6158
E-mail: juliegohkweeping@bursamalaysia.com

Notes to Editors

About FTSE Group

FTSE Group (FTSE) is a world-leader in the provision of global index and analytical solutions. FTSE calculates indices
across a wide range of asset classes, on both a standard and custom basis. FTSE indices are used extensively by
investors worldwide for investment analysis, performance measurement, asset allocation, portfolio hedging and the
creation of a wide range of index derivatives, funds, Exchange Traded Funds (ETFs), and other structured products.

FTSE has built an enviable reputation for the reliability and accuracy of our indices and related data services. FTSE has a
long tradition of listening and responding to the market so that it is at the forefront of developing new approaches to
index design, many of which are now accepted as the market standard. FTSE prides itself in continuing to invest
significant resource in researching and developing new index solutions.

The foundation for FTSE’s global, regional, country and sector indices is the FTSE global equity universe, which covers
over 8,000 securities in 48 different countries and captures 98% of the world’s investable market capitalisation. FTSE’s
flagship global benchmark, the FTSE All-World, is used by investors worldwide to structure and benchmark their
international equity portfolios.


                                                                                                                        2
Exchanges around the world have chosen FTSE to calculate their domestic indices. These include ATHEX, Bolsas y
Mercados Españoles, Borsa Italiana, Bursa Malaysia, Casablanca SE, Cyprus Stock Exchange, IDX, JSE, LSE, NASDAQ
Dubai, NYSE Euronext, PSE, SGX, Stock Exchange of Thailand and TWSE. In addition, FTSE works with a variety of
companies and associations to deliver innovative index solutions which provide the market with fresh opportunities.

For more information visit www.ftse.com




About Bursa Malaysia
Bursa Malaysia Berhad is a public company limited by shares under the Companies Act 1965. Bursa Malaysia
is an approved exchange holding company under Section 15 of the Capital Markets and Services Act 2007.
Other companies in the Bursa Malaysia Berhad Group of companies include a stock exchange, a derivatives
exchange, an off-shore international financial exchange, equity and derivatives clearing houses, a central
depository, an information services provider and an Information Technology services provider.

Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa Malaysia Berhad, is an approved stock
exchange under Section 8 of the Capital Markets and Services Act 2007.




Appendix 1

FTSE Bursa Malaysia EMAS Industry Indices (10)


                                                                                                                3
Index Code    Index Name
FBMEMAS0001   FTSE   Bursa   Malaysia   EMAS   Index   -   Oil & Gas
FBMEMAS1000   FTSE   Bursa   Malaysia   EMAS   Index   -   Basic Materials
FBMEMAS2000   FTSE   Bursa   Malaysia   EMAS   Index   -   Industrials
FBMEMAS3000   FTSE   Bursa   Malaysia   EMAS   Index   -   Consumer Goods
FBMEMAS4000   FTSE   Bursa   Malaysia   EMAS   Index   -   Health Care
FBMEMAS5000   FTSE   Bursa   Malaysia   EMAS   Index   -   Consumer Services
FBMEMAS6000   FTSE   Bursa   Malaysia   EMAS   Index   -   Telecommunications
FBMEMAS7000   FTSE   Bursa   Malaysia   EMAS   Index   -   Utilities
FBMEMAS8000   FTSE   Bursa   Malaysia   EMAS   Index   -   Financials
FBMEMAS9000   FTSE   Bursa   Malaysia   EMAS   Index   -   Technology

FTSE Bursa Malaysia EMAS Supersector Indices (19)

Index Code    Index Name
FBMEMAS0500   FTSE   Bursa   Malaysia   EMAS   Index   -   Oil & Gas
FBMEMAS1300   FTSE   Bursa   Malaysia   EMAS   Index   -   Chemicals
FBMEMAS1700   FTSE   Bursa   Malaysia   EMAS   Index   -   Basic Resources
FBMEMAS2300   FTSE   Bursa   Malaysia   EMAS   Index   -   Construction & Materials
FBMEMAS2700   FTSE   Bursa   Malaysia   EMAS   Index   -   Industrial Goods & Services
FBMEMAS3300   FTSE   Bursa   Malaysia   EMAS   Index   -   Automobiles & Parts
FBMEMAS3500   FTSE   Bursa   Malaysia   EMAS   Index   -   Food & Beverage
FBMEMAS3700   FTSE   Bursa   Malaysia   EMAS   Index   -   Personal & Household Goods
FBMEMAS4500   FTSE   Bursa   Malaysia   EMAS   Index   -   Health Care
FBMEMAS5300   FTSE   Bursa   Malaysia   EMAS   Index   -   Retail
FBMEMAS5500   FTSE   Bursa   Malaysia   EMAS   Index   -   Media
FBMEMAS5700   FTSE   Bursa   Malaysia   EMAS   Index   -   Travel & Leisure
FBMEMAS6500   FTSE   Bursa   Malaysia   EMAS   Index   -   Telecommunications
FBMEMAS7500   FTSE   Bursa   Malaysia   EMAS   Index   -   Utilities
FBMEMAS8300   FTSE   Bursa   Malaysia   EMAS   Index   -   Banks
FBMEMAS8500   FTSE   Bursa   Malaysia   EMAS   Index   -   Insurance
FBMEMAS8600   FTSE   Bursa   Malaysia   EMAS   Index   -   Real Estate
FBMEMAS8700   FTSE   Bursa   Malaysia   EMAS   Index   -   Financial Services
FBMEMAS9500   FTSE   Bursa   Malaysia   EMAS   Index   -   Technology




FTSE Bursa Malaysia EMAS Sector Indices (39)

Index Code    Index Name
FBMEMAS0530   FTSE Bursa Malaysia EMAS Index - Oil & Gas Producers

                                                                                         4
FBMEMAS0570       FTSE   Bursa   Malaysia   EMAS   Index   -   Oil Equipment, Services & Distribution
FBMEMAS0580       FTSE   Bursa   Malaysia   EMAS   Index   -   Alternative Energy
FBMEMAS1350       FTSE   Bursa   Malaysia   EMAS   Index   -   Chemicals
FBMEMAS1730       FTSE   Bursa   Malaysia   EMAS   Index   -   Forestry & Paper
FBMEMAS1750       FTSE   Bursa   Malaysia   EMAS   Index   -   Industrial Metals & Mining
FBMEMAS1770       FTSE   Bursa   Malaysia   EMAS   Index   -   Mining
FBMEMAS2350       FTSE   Bursa   Malaysia   EMAS   Index   -   Construction & Materials
FBMEMAS2710       FTSE   Bursa   Malaysia   EMAS   Index   -   Aerospace & Defense
FBMEMAS2720       FTSE   Bursa   Malaysia   EMAS   Index   -   General Industrials
FBMEMAS2730       FTSE   Bursa   Malaysia   EMAS   Index   -   Electronic & Electrical Equipment
FBMEMAS2750       FTSE   Bursa   Malaysia   EMAS   Index   -   Industrial Engineering
FBMEMAS2770       FTSE   Bursa   Malaysia   EMAS   Index   -   Industrial Transportation
FBMEMAS2790       FTSE   Bursa   Malaysia   EMAS   Index   -   Support Services
FBMEMAS3350       FTSE   Bursa   Malaysia   EMAS   Index   -   Automobiles & Parts
FBMEMAS3530       FTSE   Bursa   Malaysia   EMAS   Index   -   Beverages
FBMEMAS3570       FTSE   Bursa   Malaysia   EMAS   Index   -   Food Producers
FBMEMAS3720       FTSE   Bursa   Malaysia   EMAS   Index   -   Household Goods & Home Construction
FBMEMAS3740       FTSE   Bursa   Malaysia   EMAS   Index   -   Leisure Goods
FBMEMAS3760       FTSE   Bursa   Malaysia   EMAS   Index   -   Personal Goods
FBMEMAS3780       FTSE   Bursa   Malaysia   EMAS   Index   -   Tobacco
FBMEMAS4530       FTSE   Bursa   Malaysia   EMAS   Index   -   Health Care Equipment & Services
FBMEMAS4570       FTSE   Bursa   Malaysia   EMAS   Index   -   Pharmaceuticals & Biotechnology
FBMEMAS5330       FTSE   Bursa   Malaysia   EMAS   Index   -   Food & Drug Retailers
FBMEMAS5370       FTSE   Bursa   Malaysia   EMAS   Index   -   General Retailers
FBMEMAS5550       FTSE   Bursa   Malaysia   EMAS   Index   -   Media
FBMEMAS5750       FTSE   Bursa   Malaysia   EMAS   Index   -   Travel & Leisure
FBMEMAS6530       FTSE   Bursa   Malaysia   EMAS   Index   -   Fixed Line Telecommunications
FBMEMAS6570       FTSE   Bursa   Malaysia   EMAS   Index   -   Mobile Telecommunications
FBMEMAS7530       FTSE   Bursa   Malaysia   EMAS   Index   -   Electricity
FBMEMAS7570       FTSE   Bursa   Malaysia   EMAS   Index   -   Gas, Water & Multiutilities
FBMEMAS8350       FTSE   Bursa   Malaysia   EMAS   Index   -   Banks
FBMEMAS8530       FTSE   Bursa   Malaysia   EMAS   Index   -   Nonlife Insurance
FBMEMAS8570       FTSE   Bursa   Malaysia   EMAS   Index   -   Life Insurance
FBMEMAS8630       FTSE   Bursa   Malaysia   EMAS   Index   -   Real Estate Investment & Services
FBMEMAS8670       FTSE   Bursa   Malaysia   EMAS   Index   -   Real Estate Investment Trusts
FBMEMAS8770       FTSE   Bursa   Malaysia   EMAS   Index   -   Financial Services
FBMEMAS9530       FTSE   Bursa   Malaysia   EMAS   Index   -   Software & Computer Services
FBMEMAS9570       FTSE   Bursa   Malaysia   EMAS   Index   -   Technology Hardware & Equipment




Appendix 2

Free float restrictions include:


                                                                                                        5
          Shares directly owned by State, Regional, Municipal and Local governments (excluding shares
           held by independently managed pension schemes for governments).
          Shares held by Sovereign Wealth Funds where each holding is 10% or greater. If the holding
           subsequently decreases below 10%, the shares will remain restricted until the holding falls
           below 7%.
          Shares held by directors, senior executives and managers of the company, and by their family
           and direct relations, and by companies that they control.
          Shares held within employee share plans.
          Shares held by public companies or by non-listed subsidiaries of public companies.
          Shares held by founders, promoters, former directors, founding venture capital and private
           equity firms, private companies and individuals (including employees) where the holding is 10%
           or greater. If the holding subsequently decreases below 10%, the shares will remain restricted
           until the holding falls below 7%.
          All shares where the holder is subject to a lock-in clause (for the duration of that clause).
          Shares held for publicly announced strategic reasons, including shares held by several holders
           acting in concert.

For clarity, holdings not considered as restricted free float include:

          Portfolio holdings (such as pension and insurance funds)
          Nominee holdings (unless they represent restricted free float as defined by FTSE Bursa Malaysia
           Index Series Ground Rule 3.2.1)
          Holdings by investment companies
          ETFs




                                                                                                       6

								
To top