The Kuala Lumpur Composite Index (KLCI) is a stock market index generally accepted as the local stock market barometer. Introduced in 1986 to answer the need for a stock market index which would serve as an accurate performance indicator of the Malaysian stock market as well as the economy.
It is used to be the main Malaysia stock index, and is now one of the three primary indices for the Malaysian stock market which the other two are FMB30 and FMBEMAS, Bursa Malaysia. It contains 100 companies from the Main Board with approximately 500 to 650 listed companies in the Main Board which comprise of multi-sectors companies across the year 2000 to 2006 and is a capitalization-weighted index.
Chronology
* 1937 - Re-registered as the Malayan Stockbrokers’ Association but public shares were not traded
* 1960 - The public trading of shares commenced on the MSE
* 1961 - The board system was introduced
* 1964 - MSE was officially formed name Stock Exchange of Malaysia and Singapore (SEMS)
* 1973 - The SEMS was separated into KLSEB and SES
* 1986 - KLCI was introduced
* 1993 - KLCI surpasses 1275.32
* 1994 - The Kuala Lumpur Stock Exchange Bhd (KLSEB) re-named Kuala Lumpur Stock Exchange
* 1995 - the number of component companies was increased to 100
* 1997 - Due to the Asian Financial Crisis KLCI slumped more than 500 points within 6 month
* 1998 - KLCI slumped to the lowest ever at 261.330 in August
* 1998 - KLCI worst performance volume at 15,907,400 - Average over days in Month
* 2000 - KLCI tops back to 974.380
* 2004 - KLSE was Re-named Bursa Malaysia
* 2004 - The fund performed much in line with the KLCI in the last 3 months of the year, and ended just 0.29% behind the benchmark index.
* 2005 - Bursa Malaysia introduced CBRS
* 2006 - New index series jointly developed by Bursa Malaysia and FTSE Group introduced
* 2007 - KLCI hits all time high of 1386.67 on June 20 2007
