KUALA LUMPUR (June 14): Sime Darby Plantation Bhd will be included in the Dow Jones Islamic Market Malaysia Titans 25 Index following a review of the index for the second quarter of 2018.
i-VCAP Management Sdn Bhd said in a statement to Bursa Malaysia today that S&P Dow Jones Indices informed i-VCAP about the review of the Dow Jones Islamic Market Malaysia Titans 25 Index, which is the benchmark index for MyETF Dow Jones Islamic Market Malaysia Titans 25 (MYETFDJ). i-VCAP is the manager of MYETFDJ.
i-VCAP said: "As a result of the review, one stock was added and one stock was removed from the fund, while the weightings of the remaining stocks in the fund have changed. The changes shall take effect after the close of trading on June 14, 2018."
According to i-VCAP, builder Gamuda Bhd will be removed from the Dow Jones Islamic Market Malaysia Titans 25 Index.
At Bursa Malaysia today, Gamuda shares settled at RM3.50 at 12:30pm while Sime Darby Plantation settled at RM5.51.