London August 12 2024: MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the August 2024 Index Review for the MSCI Equity Indexes.
The index provider added seven Pakistan securities to Frontier Market Index out of which six are added to MSCI Frontier Markets Small Cap Indexes while one is added to Frontier Markets Indexes.
All changes will be implemented as of the close of August 30, 2024.
Sazgar Engineering Works added to MSCI Frontier Markets Indexes, while Atlas Battery, Ghandhara Automobiles, Habib Sugar Mills, Lotte Chemical Pakistan, Octopus digital and Soneri Bank are added to Frontier Markets Small Cap Indexes. Hascol Petroleum is the only stock that is excluded from MSCI Frontier Market Index.
