Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

KLCI Index Rebalance: Not a Bird, Not a Plane, Its Supermax!

KLCI Index Rebalance Preview: MRDIY In, Supermax OUT

KLCI Index Rebalance: MRDIY Replaces Supermax

KLCI Index Rebalance Preview: Getting the Glove Makers to Fit

KLCI Rebalance Preview - Telekom Expecting a Call

MSCI Malaysia August 2020 Index Rebalance Preview - Glove Makers Are In

Sri Trang Gloves - Index Inclusion Fits Like a Glove

Event-Driven

The <a href="https://www.smartkarma.com/entities/kuala-lumpur-composite-index" target="_blank" data-smartkarma-citation="entities:22913:1" rel="noopener">Kuala Lumpur Composite Index (Klci) (FBMKLCI INDEX)</a> is the flagship index of the Bursa Malaysia. The index has 30 stocks and is a free float weighted market cap index. The next rebalance will be announced on 3 December and will be effective after the close of trading on 18 December.The review uses today's closing price to determine the stocks to be included into and excluded from the index. We see <a href="https://www.smartkarma.com/entities/supermax-corp-bhd" target="_blank" data-smartkarma-citation="entities:12883:1" rel="noopener">Supermax Corp (SUCB MK)</a> being included in the index, replacing <a href="https://www.smartkarma.com/entities/klccp-stapled-group" target="_blank" data-smartkarma-citation="entities:7148:1" rel="noopener">KLCCP Stapled (KLCCSS MK)</a>. Glove makers should have a weighting of 14.23% in the <a href="https://www.smartkarma.com/entities/kuala-lumpur-composite-index" target="_blank" data-smartkarma-citation="entities:22913:1" rel="noopener">Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)</a> post the change.<a href="https://www.smartkarma.com/entities/kossan-rubber-industries" target="_blank" data-smartkarma-citation="entities:20482:1" rel="noopener">Kossan Rubber Industries (KRI MK)</a> has dropped out of the list of potential inclusions following the momentum unwind, while <a href="https://www.smartkarma.com/entities/genting-bhd" target="_blank" data-smartkarma-citation="entities:14210:1" rel="noopener">Genting Bhd (GENT MK)</a> and <a href="https://www.smartkarma.com/entities/genting-malaysia-bhd" target="_blank" data-smartkarma-citation="entities:3141:1" rel="noopener">Genting Malaysia (GENM MK)</a> have rallied to avoid index deletion.We estimate passive funds will need to buy 0.35 days of ADV on <a href="https://www.smartkarma.com/entities/supermax-corp-bhd" target="_blank" data-smartkarma-citation="entities:12883:1" rel="noopener">Supermax Corp (SUCB MK)</a>, while passive selling on <a href="https://www.smartkarma.com/entities/klccp-stapled-group" target="_blank" data-smartkarma-citation="entities:7148:1" rel="noopener">KLCCP Stapled (KLCCSS MK)</a> will be around 13 days of ADV.<a href="https://www.smartkarma.com/entities/klccp-stapled-group" target="_blank" data-smartkarma-citation="entities:7148:1" rel="noopener">KLCCP Stapled (KLCCSS MK)</a> was an inclusion at the previous review in June, and its short stay in the index looks like coming to an end.

The Kuala Lumpur Composite Index (Klci) (FBMKLCI INDEX) is the flagship index of the Bursa Malaysia. The index has 30 stocks and is a free float weighted market cap index. The next rebalance will be announced on 3 December and will be effective after the close of trading on 18 December.The review uses today's closing price to determine the stocks to be included into and excluded from the index. We see Supermax Corp (SUCB MK) being included in the index, replacing KLCCP Stapled (KLCCSS MK). Glove makers should have a weighting of 14.23% in the Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX) post the change.Kossan Rubber Industries (KRI MK) has dropped out of the list of potential inclusions following the momentum unwind, while Genting Bhd (GENT MK) and Genting Malaysia (GENM MK) have rallied to avoid index deletion.We estimate passive funds will need to buy 0.35 days of ADV on Supermax Corp (SUCB MK), while passive selling on KLCCP Stapled (KLCCSS MK) will be around 13 days of ADV.KLCCP Stapled (KLCCSS MK) was an inclusion at the previous review in June, and its short stay in the index looks like coming to an end.

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

KLCI Index Rebalance Preview: Glovemaker to Take a Real Estate Spot