FTSE Bursa Malaysia KLCI
| FTSE Bursa Malaysia KLCI | |
|---|---|
|
|
| base data | |
| Country | Malaysia |
| Stock exchange | Bursa Malaysia |
| ISIN | not known |
| WKN | not known |
| symbol | KLSE |
| RIC | ^ KLSE |
| Bloomberg code | FBMKLCI <INDEX> |
| category | Stock index |
| Type | Price index |
| family | FTSE |
The FTSE Bursa Malaysia KLCI (formerly Kuala Lumpur Composite Index , KLCI) is the leading equity index in Malaysia . It comprises the 30 largest public companies on the Bursa Malaysia , the Malaysia Stock Exchange.
calculation
The FTSE Bursa Malaysia KLCI is a price index that lists the 30 largest and most liquid stocks on the Bursa Malaysia . The shares are determined depending on the market capitalization (on a free float basis); for the inclusion of the index itself, a high value is placed on trading liquidity . During the calculation, a limited measuring period is considered and the individual values are calculated in ringgit .
The index level is determined solely on the basis of share prices and only adjusted for income from subscription rights and special payments. Corporate actions such as stock splits have no (distorting) influence on the index. The calculation is made every 15th during trading hours from 9:00 a.m. to 12:30 p.m. and 2:30 p.m. to 5:00 p.m. local time (2:00 a.m. to 5:30 a.m. and 7:30 a.m. to 10:00 a.m. CET ) Seconds updated.
The financial companies play a prominent role in the Malaysian leading index. In March 2011, they owned 33.2 percent of the index. Agricultural companies were in second place with a share of 20.9 percent and utilities in third place, whose share of the overall index was 15.7 percent. The largest public companies were the financial company Bumiputra-Commerce Holdings (10.1 percent), the agricultural company Sime Darby (9.9 percent) and the Public Bank (9.8 percent).
history
20th century
The index started on January 3, 1977 under the name Kuala Lumpur Composite Index (KLCI) with a base value of 100 points. The calculation was carried out back to 1975. On April 30, 1981, the Malaysian leading index closed for the first time above the limit of 500 points. By January 1982 it rose to a closing level of 387.07 points. During the recession in the early 1980s, the index lost 43.0 percent of its value. On August 19, 1982, it ended trading at 220.75 points. In February 1984, the KLCI closed at 426.79 points, 93.2 percent higher.
On May 2, 1986, the index fell to a low of 169.83 points. The decrease since February 1984 is 60.2 percent. By August 10, 1987, the stock market barometer rose by 176.5 percent to a closing level of 470.17 points. After Black Monday on October 19, 1987 on the New York Stock Exchange , when the value of the Dow Jones Index plunged 22.6 percent, the KLCI fell again. On December 10, 1987, it ended trading at 223.13 points. The loss since August 1987 is 52.6 percent.
As a result of the liberalization of the financial sector, a credit boom emerged in Malaysia in the late 1980s / early 1990s. The growth of the credit volume during this period averaged 8 to 10 percent above the growth rates of the gross domestic product (GDP). An ever larger part of the loans was used to buy stocks and real estate. The result was a surge in the stock market and a sharp rise in property prices.
On December 1, 1993, the stock index closed above the 1,000-point mark for the first time. On January 5, 1994, the KLCI ended trading at 1,314.46 points, up 489.2 percent. A year later, on January 24, 1995, it closed at 840.87 points. The loss is 36.0 percent. In the following 2 years, the Malaysian leading index rose by 51.3 percent. On February 25, 1997, the stock market barometer ended trading at 1,271.57 points.
In the course of the Asian crisis , there was a massive outflow of capital, which triggered an economic crisis in the country. The crisis made investors in Malaysia nervous and withdrew their money. This put the currency, the ringgit, under pressure. At the same time, the Malaysian government had a great need for short-term loans to fill gaps in the budget. In the course of the crisis, the KLCI lost value. On September 1, 1998, it closed at 262.70 points, 79.3 percent lower than in February 1997. It is the biggest fall in the history of the KLCI.
In 1999 the index bounced back from its lows during the Asian crisis. By February 18, 2000, it rose to a closing level of 1,013.27 points. That was an increase of 173.9 percent since September 1998.
21st century
After the speculative bubble burst in the technology sector ( dot-com bubble ), the Malaysian benchmark index fell to a low of 553.34 points by April 9, 2001. That was a decrease of 45.4 percent since February 2000. April 9, 2001 marks the end of the downward slide. From spring 2001, the KLCI began to rise again.
On January 5, 2004, the Kuala Lumpur Stock Exchange (KLSE) was converted into a public company. With the conversion, the exchange transferred its operations to a wholly-owned subsidiary, Bursa Securities, and became a stock exchange umbrella company. On April 14, 2004 the name was changed to Bursa Malaysia Bernhard (BMB).
On January 11, 2008, the KLCI closed with 1,516.22 points for the first time above the limit of 1,500 points and thus at a record level. That was an increase of 174.1 percent since April 2001.
In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the index began to decline again. From the third quarter of 2008, the crisis increasingly affected the real economy. As a result, share prices collapsed worldwide. On October 6, 2008, the stock market barometer closed with 996.84 points below the 1,000 point mark. The KLCI hit a new low on October 29, 2008 when it ended trading at 829.41 points. This corresponds to a decrease of 45.3 percent since January 2008.
Since July 6, 2009, Bursa Malaysia and the FTSE Group have jointly published the index. To reflect this change, the Kuala Lumpur Composite Index has been renamed FTSE Bursa Malaysia KLCI . The number of index members fell from 100 to 30 companies.
October 29, 2008 marks the turning point in the downward trend. From autumn 2008 the index was on the way up again. On January 7, 2013, the KLCI marked an all-time high with a closing score of 1,694.16 points. The profit since October 29, 2008 is 104.3 percent.
Highs
The overview shows the all-time highs of the FTSE Bursa Malaysia KLCI.
| Points | date | |
|---|---|---|
| in the course of trading | 1,699.68 | Friday 4th January 2013 |
| on a closing price basis | 1,694.16 | Monday 7th January 2013 |
Milestones
The table shows the milestones of the FTSE Bursa Malaysia KLCI.
| First close over |
Final score in points |
date |
|---|---|---|
| 100 | 100.00 | 3rd January 1977 |
| 200 | 200.90 | September 28, 1979 |
| 300 | 302.29 | August 15, 1980 |
| 400 | 403.07 | January 30, 1981 |
| 500 | 503.05 | April 30, 1981 |
| 600 | 600.51 | 5th February 1990 |
| 700 | 706.18 | April 30, 1993 |
| 800 | 800.05 | August 20, 1993 |
| 900 | 907.04 | October 13, 1993 |
| 1,000 | 1,000.29 | 1st December 1993 |
| 1,100 | 1,116.09 | December 15, 1993 |
| 1,200 | 1,205.28 | December 27, 1993 |
| 1,300 | 1,313.35 | 4th January 1994 |
| 1,400 | 1,411.62 | October 29, 2007 |
| 1,500 | 1,516.22 | January 11, 2008 |
| 1,600 | 1,603.78 | April 2, 2012 |
Annual development
The table shows the annual development of the FTSE Bursa Malaysia KLCI calculated back to 1975.
| year | Final score in points |
Change in points |
Change in% |
|---|---|---|---|
| 1975 | 85.07 | ||
| 1976 | 91.68 | 6.61 | 7.77 |
| 1977 | 113.39 | 21.71 | 23.68 |
| 1978 | 156.22 | 42.83 | 37.77 |
| 1979 | 205.59 | 49.37 | 31.60 |
| 1980 | 366.70 | 161.11 | 78.36 |
| 1981 | 380.82 | 14.12 | 3.85 |
| 1982 | 291.45 | -89.37 | −23.47 |
| 1983 | 401.60 | 110.15 | 37.79 |
| 1984 | 303.56 | −98.04 | −24.41 |
| 1985 | 233.48 | −70.08 | −23.09 |
| 1986 | 252.43 | 18.95 | 8.12 |
| 1987 | 261.19 | 8.76 | 3.47 |
| 1988 | 357.38 | 96.19 | 36.83 |
| 1989 | 562.28 | 204.90 | 57.33 |
| 1990 | 505.92 | −56.36 | −10.02 |
| 1991 | 556.22 | 50.30 | 9.94 |
| 1992 | 643.96 | 87.74 | 15.77 |
| 1993 | 1,275.32 | 631.36 | 98.04 |
| 1994 | 971.21 | −304.11 | −23.85 |
| 1995 | 995.17 | 23.96 | 2.47 |
| 1996 | 1,237.96 | 242.79 | 24.40 |
| 1997 | 594.44 | −643.52 | −51.98 |
| 1998 | 586.13 | −8.31 | −1.40 |
| 1999 | 812.33 | 226.20 | 38.59 |
| 2000 | 679.64 | −132.69 | −16.33 |
| 2001 | 696.09 | 16.45 | 2.42 |
| 2002 | 646.32 | −49.77 | −7.15 |
| 2003 | 793.94 | 147.62 | 22.84 |
| 2004 | 907.43 | 113.49 | 14.29 |
| 2005 | 899.79 | −7.64 | −0.84 |
| 2006 | 1,096.24 | 196.45 | 21.83 |
| 2007 | 1,445.03 | 348.79 | 31.82 |
| 2008 | 876.75 | −568.28 | -39.33 |
| 2009 | 1,272.78 | 396.03 | 45.17 |
| 2010 | 1,518.91 | 246.13 | 19.34 |
| 2011 | 1,530.73 | 11.82 | 0.78 |
| 2012 | 1,688.95 | 158.22 | 10.34 |
| 2013 | 1,866.96 | 178.01 | 10.54 |
| 2014 | 1,761.25 | −105.71 | −5.66 |
| 2015 | 1,692.51 | −68.74 | −3.90 |
| 2016 | 1,641.73 | −50.78 | −3.00 |
| 2017 | 1,796.81 | 155.08 | 9.45 |
| 2018 | 1,690.58 | −106.23 | −5.91 |
composition
The FTSE Bursa Malaysia KLCI consists of the following companies (as of March 31, 2011).
| rank | Surname | Branch | Index weighting in% |
|---|---|---|---|
| 1 | Bumiputra Commerce Holdings | Finances | 10.10 |
| 2 | Sime Darby | Agricultural commodities | 9.90 |
| 3 | Public Bank | Finances | 9.80 |
| 4th | Maybank | Finances | 9.40 |
| 5 | Tenaga Nasional | Supplier | 8.00 |
| 6th | IOI Group | Agricultural commodities | 6.80 |
| 7th | Genting Group | Gambling | 5.30 |
| 8th | Axiata | telecommunications | 4.80 |
| 9 | MISC Bernhard | transport | 4.00 |
| 10 | Resort World | Gambling | 2.70 |
| 11 | Telecom Malaysia | telecommunications | 2.30 |
| 12 | AMMB Holdings | Finances | 2.20 |
| 13 | Digi.com | telecommunications | 2.20 |
| 14th | PPB Group | Agricultural commodities | 2.20 |
| 15th | PLUS Expressway | transport | 2.10 |
| 16 | British American Tobacco | Consumer goods | 2.00 |
| 17th | Kuala Lumpur Kepong | Agricultural commodities | 2.00 |
| 18th | YTL Corporation | Supplier | 1.90 |
| 19th | Petronas gas | Supplier | 1.80 |
| 20th | Berjaya Sports Toto | Gambling | 1.60 |
| 21st | YTL power | Supplier | 1.60 |
| 22nd | UMW Holdings | Consumer goods | 1.40 |
| 23 | Hong Leong | Finances | 1.10 |
| 24 | Astro All Asia Network | Consumer goods | 0.80 |
| 25th | MMC Corporation | Supplier | 0.80 |
| 26th | Parkson | Consumer goods | 0.80 |
| 27 | Petronas Dagangan | Supplier | 0.80 |
| 28 | Tanjong | Supplier | 0.80 |
| 29 | RHB Capital | Finances | 0.60 |
| 30th | Malaysia Airlines | transport | 0.50 |
Web links
Individual evidence
- ↑ a b Bursa Malaysia: Components
- ↑ Bursa Malaysia: Bursa Malaysia Facts ( Memento of the original from September 12, 2012 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ FTSE Group: The enhancement of the Kuala Lumpur Composite Index ( Memento of the original from November 23, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF file; 266 kB), June 2009
- ↑ a b Stooq: Historical Prices 1977
- ^ A b Yahoo: Historical prices from 1993
- ^ Meridian Securities Markets, Electronic Commerce Inc .: World Stock Exchange Fact Book , Electronic Commerce Inc., Morris Plains NJ 1995, ISBN 1-891518-19-4
- ↑ 1Stock1: KLSE Index (Malaysia) Yearly Returns
- ↑ FTSE Bursa Index (Malaysia) Yearly Stock Returns. Retrieved December 13, 2019 .
