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Economy: MSCI Quarterly Index Review: 15 stocks added in MSCI FM Index – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Friday, 11 August 2023
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In a surprise move, MSCI in its Quarterly Index review announcement on August 10, 2023 added 15 Pakistan stocks to the MSCI Frontier Market Index and 41 stocks to the MSCI Frontier Markets Small Cap Index.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">With addition of 15 stocks into MSCI FM index, the index has now a total of 17 constituents which includes OGDC, MARI, PPL, LUCK, MCB, UBL, ENGRO, HBL, POL, SYS, FFC, HUBC, EFERT, MTL, BAFL, PSO, and TRG. Earlier there was only two stocks namely OGDC and ENGRO.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Similarly, MSCI FM Small Cap index has now a total of 41 constituents as shown in the table. E...

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