Kossan, Supermax to be added as MSCI Global Standard Indexes constituents, IJM Corp dropped

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KUALA LUMPUR (Aug 13): Securities of Kossan Rubber Industries Bhd and Supermax Corp Bhd are set to be added as constituents for the MSCI Global Standard Indexes which will take place as of the close of August 31, 2020.

In a statement yesterday, MSCI Global Standard said IJM Corp Bhd will be deleted from the list.

At 9.07am, Kossan rose 1.85% or 28 sen to RM15.38, valuing it at RM19.67 billion while Supermax added 1.17% or 22 sen to RM19.10, for a market capitalisation of RM25.98 billion.

Meanwhile, IJM Corp fell 1.96% or 3 sen to RM1.50, for a market capoitalisation of RM5.46 billion.