Morgan Stanley Capital International (MSCI) said in its semi-annual review, it has increased Pakistan’s weightage to 0.023% (last: 0.016%). They also said that Pakistan’s weightage in the small cap index was revised upwards to 0.379%. These changes are expected to become effective from 28th May 2021.
MCB Bank, Habib Bank and Lucky Cement have been added to the MSCI Pakistan Index under MSCI Global Standard Indexes while Oil and Gas Development Company has been removed from it.
Under the MSCI Global Small Cap Indexes, TRG Pakistan has been added while Indus Motors, Lucky Cement, National Bank of Pakistan and Packages Limited have been removed.
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