ISLAMABAD, AUGUST 13: Seven Pakistani-listed businesses have been added to the indices of Morgan Stanley Capital International (MSCI), a stock market index provider and investment research firm.
In an update to its Quarterly Index Review for August 2024, MSCI announced that Pakistan had been added to the MSCI Main Frontier Market Index by one.
An addition has been made to the MSCI Main Frontier Market: Sazgar Engineering Works (SAZEW).
Two components have been eliminated and six new constituents have been added to the MSCI Pakistan Frontier Market Small Cap index.
Atlas Battery Limited (ATBA), Ghandhara Automobiles Limited (GAL), Habib Sugar Mills Limited (HABSM), Chemical Pakistan Limited (LOTCHEM), Octopus Digital Limited (OCTOPUS), and Soneri Bank Limited (SNBL) are among the newcomers to the small-cap index. In contrast, Sazgar Engineering Works and Hascol Petroleum have been removed from the MSCI Small Cap Index. All of the modifications will take effect at the end of August 30, 2024.
