DOHA: The MSCI Semi-Annual Index Review has added Qatar International Islamic Bank (QIIB) to its MSCI Qatar Index. No Qatari stock was deleted in the periodic index review. The revised index will be effective 26th November, after the market close.
The companies’ inclusion and reclassification in global indices are subject to various criteria, the most important of which are the size of the company’s investable capital and market capitalization, liquidity and turnover rates.
Periodic index reviews, including companies’ reclassifications, additions and deletions, carried out by international index providers are among the main factors influencing the investment appetite of international investors and portfolio managers.
