Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

MSCI announces results of quarterly index review

Published 11/14/2023, 05:49 PM
Updated 11/14/2023, 06:37 PM
© Reuters. The MSCI logo is seen in this June 20, 2017 illustration photo.  REUTERS/Thomas White/Illustration/File Photo

(Reuters) -Index provider MSCI said on Tuesday that 46 securities will be added to and 69 deleted from its widely-followed MSCI ACWI stock index, while 14 will be added and two deleted from its frontier markets stock index.

Changes will be implemented as of the market close on Nov. 30, MSCI announced in its quarterly index review.

The three largest additions to the MSCI ACWI from developed markets will be Vertiv Holdings (NYSE:VRT) and Celsius Holdings (NASDAQ:CELH) from the United States, and Italy’s Leonardo.

The three largest additions from emerging markets will be India’s Tata Motors (NYSE:TTM), Indonesia’s Amman Mineral International and CGN Power Co from China.

The three largest additions to the Frontier Markets Index will be Vietnam Prosperity Joint Stock Commercial Bank, Oman International Development & Investment Company and Banque Marocaine pour le Commerce et l'Industrie.

MSCI said it will add 10 and delete 45 securities to its China A Onshore indexes, with CGN Power Co, Shanghai United Imaging Healthcare and Empyrean Technology Co the largest by market capitalization. It will also add 16 and delete 25 securities from the MSCI China All Shares Index. The largest additions will be these same companies.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.