MSCI removes Doha Bank from EM Large Cap Index

Mubasher: MSCI Inc. announced the results of the November 2018 Semi-Annual Index Review for the MSCI Equity Indexes.

The review included 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, among others, according to an official statement released late on Tuesday.

Doha Bank was among the securities that have been deleted from the MSCI World Large Cap Index, and moved to the MSCI World Large Cap Index replacing Qatar First Bank (QFB) that has been removed, the Qatar Stock Exchange (QSE) said.  

The MSCI Emerging Market (EM) index comprises 23 countries, representing 10% of the global market value.

The index relies mainly on the corporate’s liquidity and transparency, and it comprises three Arab markets, namely Egypt, the UAE, and Qatar.

The leading provider of research-based indexes and analytics serves 99 of the top 100 largest money managers. 

Mubasher Contribution Time: 14-Nov-2018 08:00 (GMT)
Mubasher Last Update Time: 14-Nov-2018 08:18 (GMT)