SunMed’s inclusion signals shifting landscape in Malaysia’s top 30 stocks

SUNWAY Healthcare Holdings Bhd (SunMed) officially enters the FBM KLCI today, replacing QL Resources Bhd which has been relegated to the FBM70. 

This is one of the instances that takes places out of the usual review period, following SunMed’s recent listing. 

To recap, SunMed rose to the 26th spot in terms of market cap on its first trading day (18th March 2026) after its share price grew +27.6% to RM1.85. This pushes QL Resources out of the barometer index as it slid to the 37th spot that day.

“We estimate that SunMed carries a weightage of 0.63% in the FBM KLCI,” said MBSB Research. 

At this stage, it is likely that the current top 30 blue chips will remain status quo for the Jun-26 review. 

Based on MBSB’s estimates, Mr DIY Group (M) Bhd (Mr DIY) carries the highest risk of removal, hovering at the 35th spot. 

Trailing behind it is KPJ Healthcare Bhd which is only 3 sen away from overtaking it. Mr DIY would face deletion if it drops to 36th or below.

Should that happen, United Plantations Bhd will be the likely replacement.

“Based on our estimates, IOI Corp Bhd was the only index constituent that did not meet the liquidity requirements for the months of Jun-25 (0.036%), Jul-25 (0.029%) and Aug-25 (0.035%),” said MBSB Research.

FTSE’s ground rules require existing constituents to pass at least eight out of 12 months with a monthly median turnover of at least 0.040%.

IOI Corp can afford to fail only one more month of liquidity test before being at risk of deletion.

Meanwhile, no existing constituents have risen or fallen to the ranking thresholds based on market capitalisation at this juncture.

A security will only be inserted at a periodic review if it rises to 25th or above while a deletion will happen if a security falls to 36th or below.

“Based on our estimates on the top 40 stocks as of Tuesday, all of them met the free float requirements of more than 15%,” said MBSB Research.  

Apart from IOI Corp, there are another two non-constituents that failed to meet the liquidity requirements, namely Hong Leong Financial Group Bhd and KLCCP Stapled Group Bhd. —Mar 25, 2026

 

Main image: mahersaham.com

 

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