It sets at rest one of the major concerns of the market where analysts argued that the
MSCI could downgrade Pakistan to FM from EM status, since the companies in the Standard Index fell short of the size requirement of EM.
MSCI, considered one of the leading providers of international equity indices, deleted Ezdan Holding from its indices.
There were speculations in the market that Pakistan would have faced downgrading to Frontier Market Index, or
MSCI may initiate consultation for the possible downgrade in the review, as the three stocks had fallen short of the set criteria of meeting minimum free-float market capitalisation and/or minimum total market capitalisation.
The data shows that Taiwan suffered the steepest weighting decline in the
MSCI Emerging Markets Index, while Thailand enjoyed the largest weighting increase of 0.44 percentage points.
The new contracts, are
MSCI World NTR USD Index;
MSCI North America NTR USD Index;
MSCI Europe NTR USD Index;
MSCI Pacific NTR USD Index;
MSCI USA GTR USD Index;
MSCI Canada GTR USD Index;
MSCI AC Asia ex-Japan NTR USD Index; and
MSCI Pacific ex-Japan NTR USD Index.
The
MSCI EAFE Index (MXEA) is recognized as the pre-eminent benchmark in the United States to measure international equity performance.
During the meeting with Boursa Kuwait,
MSCI officials Mr.
The bullish trend generated last Friday kept its pace on Monday when investors kept their eyes focused on
MSCI reclassification on Monday.
This action comes almost two years after the creation of the "Standalone"
MSCI WAEMU Index which is dedicated to the financial market of the West Africa Economic and Monetary Union (WAEMU) and accessible to subscribers of the financial information flows from
MSCI.
Security Bank made it to the main basket of
MSCI, moving up from the
MSCI small cap index, without being part of the local stock barometer Philippine Stock Exchange index.
Qatar National Bank (QNB) will have its foreign inclusion factor raised to 0.13 from 0.06, Industries Qatar (IQ) to 0.13 from 0.06, and Qatar Islamic Bank to 0.25 from 0.21, according to an
MSCI statement sent to its clients last week and seen by Reuters.
13 August 2014 - US investment decision support tools provider
MSCI Inc (NYSE:MSCI) said it had acquired local nvestment analysis and risk modeling company GMI Ratings, without revealing financial details on the transaction.
