Have come to know that Bursamalaysia will replace the KLCI with a new 30 stock index, to be known as the FTSE Bursamalaysia KLCI. An interesting development for the FKLI futures market. Amongst improvements are 15 sec updates to index values and components to reflect liquidity and free float.... no more monkey business markiing stocks such as MISC, BAT, PETGAS etc, to 'create false impression of index value'.

The fact that the top 30 companies will form the index components, means each stock will have larger weithting compared to the current 100 share index, KLCI. This will make the index naturally more volatile, and hopefully enhance the volatility of the FKLI futures contract. The possible 30 stocks are probably the ones listed in this pdf.