London May 13 2022: 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 2022 SemiAnnual Index Review for the MSCI Equity Indexes – including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
There will be eleven additions to and three 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 Oil & Gas Development (Pakistan), Duc Giang Chemical Group (Vietnam) and VNDirect Securities Corp (Vietnam).
While Habib Bank Limited is deleted from the MSCI Frontier Markets Index.
There will be 19 additions to and 16 deletions from the MSCI Frontier Markets Small Cap Index. For Pakistan Habib Bank Limited, Indus Motors and Engro Polymer and Chemical Limited are added to small cap index.
All changes will be implemented as of the close of May 31, 2022.