MSCI has disclosed the results of its Semi-Annual Review for the MSCI Equity Inexes including MSCI Global Standard Indexes and MSCI Global Small Cap Indexes.
The three constituents of the MSCI Pakistan Index namely HBL, OGDC and MCB have retained their place and therefore, Pakistan has maintained its weight of around 3bps in the MSCI EM Index. However, three deletions have been made from the Pakistan MSCI Small Cap Index namely DG Khan Cement, Kot Addu Power Company and Thall Limited. "Overall, the review is neutral for the market performance," Samiullah Tariq, an analyst at Arif Habib Limited said.
Copyright Business Recorder, 2019
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