Karachi: MSCI, a leading provider of investment decision support tools worldwide, announced the results of the November 2012 Semi-Annual Index Review for MSCI Equity Indices with no major change for Pakistan.
Within Frontier Markets (FM) index that consist of 25 frontier markets (FM), no country has been added or deleted.
It remained silent on reclassification of UAE and Qatar indices from FM to EM (Emerging Market) that could have increased Pakistan weight-age in the FM. While on the other hand, no addition of MSCI FM has been done which could possibly affect Pakistan’s weightage substantially.
From individual companies perceptive, 3 additions to and eleven deletions from MSCI Frontier Market Index has been done.
No company from Pakistan have been added or deleted. Amongst the regional peers 1 addition and 4 deletion have been made for Bangladesh, while for Sir Lanka no addition and 2 deletion has been done.
At present Pakistan have 12 companies in the index that includes OGDC, MCB, FFC, POL, UBL, Engro, NBP, PPL, PSO, Hubco, PTCL and Fatima.
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