Daily Market Report (26 June 2019)
- It is going to be interesting come the semi-annual review of the FBM KLCI components. Telekom Malaysia which was omitted from the benchmark index have has staged a remarkable recovery of sorts with its share price currently at RM4.11 from the low of RM2.11 barely a year ago.
- If this is maintained, we believe Telekom Malaysia would be readmitted to the FBM KLCI with its market capitalisation now stands at RM15.6bn.