18 Apr 2021 / 21:10 H. PETALING JAYA: Mr DIY Group (M) Bhd’s FBM KLCI weight, if it is featured as an index constituent replacing Supermax Corp Bhd, is estimated to be 1.5% (Supermax’s present weight is 1.6%) based on last Thursday’s market close, according to Maybank Investment Bank Research (MaybankIB). This is based on the home improvement retail chain counter’s market capitalisation (adjusted for free float) being 0.95 times that of Supermax. Consequently, the glove sector’s weight on the FBM KLCI would be lower at 8.5%, from 10.1%. “Strong share price performance (+153%) since its listing on Oct 26, 2020 has led to Mr DIY’s market capitalisation rising to 20th in rank (based on last Thursday’s close),” said MaybankIB.