KUALA LUMPUR (March 31): Bursa Malaysia Bhd (KL:BURSA) and FTSE Russell are seeeking feedback on a plan to increase the number of constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI) to 50 from 30, with an optional 10% company‐level capping mechanism to support broader sector representation.

Bursa and FTSE Russell, in a joint statement on Tuesday, said they have issued a consultation paper seeking market feedback on proposed enhancements to the methodologies of the KLCI as well as the FTSE Bursa Malaysia Mid 70 Index (FBM70).

In the case of the FBM70, the proposal is for a reduction in the number of constituents to 50 from 70, consequential to the potential expansion of the KLCI.

No changes to the FTSE Bursa Malaysia Top 100 Index (FBM100) was proposed.

Bursa and FTSE Russell said the consultation forms part of ongoing efforts to ensure Malaysia’s key equity benchmarks remain relevant as the domestic market expands in size, breadth and liquidity, while continuing to support investment decision-making, capital formation and long-term capital market development.

Feedback is invited from the public and investment community including asset owners, fund managers, brokers, proprietary trading firms and listed companies by April 24, the statement said.

It noted that the public and investment community may choose to maintain the existing structures of both the KLCI and FBM70.

Bursa and FTSE Russell said all submissions will be reviewed in accordance with FTSE Russell’s Policy for Benchmark Methodology Changes before a final decision is made.

Subject to the consultation outcome, any changes could be implemented in December 2026 or June 2027.