KUALA LUMPUR (March 25): Mr DIY Group (M) Bhd (KL:MRDIY) is at risk of being dropped from the FBM KLCI benchmark index in the upcoming June 2026 semi-annual review. 

The retailer currently ranks 35th by market capitalisation and would face deletion if it slips to 36th, according to MBSB Research.

“Based on our estimates, Mr DIY carries the highest risk of removal, hovering at the 35th spot. Trailing behind it is KPJ Healthcare Bhd (KL:KPJ), which is only three sen away from overtaking it. Mr DIY would face deletion if it drops to 36th or below. Should that happen, United Plantations Bhd (KL:UTDPLT) will be the likely replacement,” the research house said in a note on Wednesday.

Furthermore, liquidity remains a concern for IOI Corporation Bhd (KL:IOICORP), which failed the liquidity test in three months of 2025, dating back to June, July and August, respectively. FTSE’s ground rules require existing constituents to pass at least eight out of 12 months with a median turnover of 0.040%. IOI can afford only one more failure before risking exclusion.

Meanwhile, Sunway Healthcare Holdings Bhd (KL:SUNMED) has officially joined the FBM KLCI index, replacing QL Resources Bhd (KL:QL), following its recent listing and demerger from Sunway Bhd (KL:SUNWAY).

Sunway Healthcare was qualified for immediate inclusion, as its market capitalisation exceeded that of the smallest constituent, rising to the 26th spot on debut after its share price surged 27.6% to RM1.85. MBSB Research estimated that the group now carries a 0.63% weightage in the benchmark index.

At present, all top 40 stocks meet the free float requirement of more than 15%, though Hong Leong Financial Group (KL:HLFG) and KLCCP Stapled Group (KL:KLCC) failed the liquidity test as non-constituents.

The cut-off date for the upcoming June review is May 25, 2026, with FTSE Russell’s official announcement scheduled for June 4 and changes taking effect on June 22.