The fact that Maxis will only be included in fbmklci index on the 20th, a day after listing,it will not have DIRECT impact or gap up effect on fbmklci on the day its listed. Feel good factor maybe.
However, on 20th, i am confuse whther fbmklci will gap up on the 20th by virtue of a bigger mkt capitalisation as a whole due to Maxis inclusion OR depends on Maxis price net change on that day ? I would think the latter. It seems every 0.10 chg = 1.50 est. index points.
3 years ago
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