Daily News Egypt

MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone - Daily News Egypt

Advertising Area




Advertising Area




MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone

Egypt will witness the deletion of AMOC EY and SKPC EY


MSCI company announces 2019 Semi Annual Index review (SAIR) results, which contain 13 deletions and six additions in MENA countries with a total net flow of $200m, Beltone Financial reports.

In North Africa, Egypt will witness the deletion of Alexandria Minerals and Oils Company (AMOC EY) and Sidi Kerir Petrochemicals (SKPC EY) from the investable index (IM) with no additions and outflows of $4m.

Furthermore, Morocco will witness the deletion of DHO MC and SAH MC, and inclusion of HPS MC into the IM index and the country outflows will be $0.2m.

Finally, Tunisia will witness the deletion of PHG TU from IM index with no additions with outflows of $37m.

In Levant countries, Jordon will witness the transfer of JOIB JR from the standard index to the Small Cap Index with outflows of $2m, while Lebanon will witness the deletion of BLOM LB with outflows of $314m, with no addition.

In GCC, Bahrain will witness the deletion of Khaleeji Commercial (KHCB BI) from the IM index with no additions and outflows of $1m, while Kuwait will witness the addition of ALAFCO KK in tandem with the transfer of BPCC KK from the Standard Index to the Small Cap Index with inflows of $149m.

On the other hand, Oman will witness the deletion of Oman Cement Comanpy (OCOI OM), and the addition of OMVS OM and inflows of $260m.

Qatar will witness no changes, and Saudi Arabia will witness the addition of ARNB EY and MAHARAH AB into the IM index and the deletion of HB AB with inflows of $168m.

Finally, the UAE will witness the deletion of Emaar Development (EMAARDEV UH) with no additions and outflows of $19m.

Topics: Beltone MSCI SAIR

Advertising Area



https://dailyfeed.dailynewsegypt.com/2019/11/12/msci-announces-november-2019-sair-results-with-13-deletions-and-six-additions-beltone/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe