London November 7 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 Nobember 2024 Index Review for the MSCI Equity Indexes.
The index provider added Seven Pakistan securities to Frontier Market Index all of which are added to MSCI Frontier Markets Small Cap Indexes while one is downgraded to Small cap and one is removed from Frontier Markets Indexes and one from MSCI Small Cap Indexes.
All changes will be implemented as of the close of November 25, 2024.
TRG downgraded from MSCI Frontier Markets Indexes to MSCI Frontier Markets Small cap index while Citi Pharma, Crescent Steel and Allied Products, Fast Cables, Flying Cement, Pak Oxygen, Shifa International Hospital and Thatta Cement are new additions to Small cap. Fauji Fertilizer Bin Qasim is the only Pakistan stock that is excluded from MSCI Frontier Market Index Small Cap Index.
