MSCI shifts SAZEW to FM Index

MG News | August 13, 2024 at 05:32 AM GMT+05:00

0:00

August 13, 2024 (MLN): Global index provider Morgan Stanley Capital International (MSCI) has transferred one stock — Sazgar Engineering Works (PSX: SAZEW) — to its Frontier Market (FM) Index as part of its latest quarterly review released on Tuesday.

Accordingly, Pakistan now has 22 stocks in the MSCI FM Index.

Moreover, 6 stocks have been newly added to the MSCI Frontier Market Small Cap Index, while 2 have also been removed from the same index.

The additions include Atlas Battery, Ghandhara Automobiles, Habib Sugar Mills, Lotte Chemical Pakistan, Otopus Digital, and Soneri Bank.

While the deletions include Hascol Petroleum and Sazgar Engineering Works.

These changes will be implemented as of the close of August 30, 2024.

MSCI is a leading provider of critical decision support tools and services for the global investment community.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	188,587.66 449.79M	-0.31% -579.17
ALLSHR	112,503.19 867.07M	-0.27% -306.46
KSE30	58,026.90 155.32M	-0.31% -180.82
KMI30	268,418.81 155.28M	-0.40% -1078.22
KMIALLSHR	72,509.98 549.07M	-0.44% -318.36
BKTi	53,346.13 36.94M	-0.33% -174.24
OGTi	38,638.48 11.10M	-0.64% -248.26

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,000.00	88,385.00 85,900.00	-1500.00 -1.68%
BRENT CRUDE	66.03	66.54 65.39	0.15 0.23%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.00 -3.34%
ROTTERDAM COAL MONTHLY	98.50	0.00 0.00	-0.45 -0.45%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	61.17	61.71 60.60	0.10 0.16%
SUGAR #11 WORLD	14.73	14.79 14.67	0.00 0.00%