MSCI Inc. (NYSE: MSCI), a leading provider of critical decision
support tools and services for the global investment community,
announced the results of the May 2024 Index Review for the MSCI
Equity Indexes. All changes will be implemented as of the close of
May 31, 2024.
Highlights include:
MSCI Global Standard Indexes: Forty-two securities will
be added to and 121 securities will be deleted from the MSCI ACWI
Index. The three largest additions to the MSCI World Index measured
by full company market capitalization will be Microstrategy (USA),
Pure Storage (USA) and Emcor Group (USA). The three largest
additions to the MSCI Emerging Markets Index measured by full
company market capitalization will be Chandra Asri Pacific
(Indonesia), JSW Energy (India) and Canara Bank (India).
MSCI Global Small Cap Indexes: There will be 233
additions to and 293 deletions from the MSCI ACWI Small Cap
Index.
MSCI Global Investable Market Indexes: There will be 187
additions to and 326 deletions from the MSCI ACWI Investable Market
Index (IMI).
MSCI Global All Cap Indexes: There will be 113 additions
to and 83 deletions from the MSCI World All Cap Index.
MSCI Frontier Markets Indexes: There will be nine
additions to and five deletions from the MSCI Frontier Markets
Index. The three largest additions to the MSCI Frontier Markets
Index measured by full company market capitalization will be Digi
Communications (Romania), Koncar Distributivni I (Croatia) and Air
Astana GDR (Kazakhstan). There will be 27 additions to and six
deletions from the MSCI Frontier Markets Small Cap Index.
Based on the feedback from market participants, liquidity in the
Egyptian and Kenyan foreign exchange markets and the ability of
foreign investors to repatriate capital from the Egyptian and
Kenyan equity markets have improved. MSCI will resume the
implementation of index review changes for Kenyan and Egyptian
securities in the MSCI Equity Indexes starting this index
review.
In light of currently observed market accessibility issues, MSCI
will continue to not implement changes as part of this Index Review
for any securities classified in Bangladesh for the MSCI Bangladesh
Indexes or impacted composite indexes.
These changes, along with other changes across MSCI Equity
Indexes including the MSCI Global Islamic Indexes, MSCI US equity
Indexes, MSCI US REIT Index, MSCI China A Onshore Indexes and China
All Shares Indexes are available on MSCI’s “Index Review” web page:
msci.com/index-review.
-Ends-
About MSCI
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 50
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. For more information,
please visit at www.msci.com.
The process for submitting a formal index complaint can be found
on the index regulation page of MSCI’s website at:
https://www.msci.com/index-regulation.
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