Qatar Stock
Exchange to Effect MSCI Interim Review Result by Market Close
Next Tuesday
23 November 2019
Qatar Stock
Exchange (QSE) announced that the interim review results made by
Morgan Stanley Capital International index for the emerging
markets (MSCI) which was announced on 07 November 2019, will be
effected in the exchange upon the market close next Tuesday. The
review results made by MSCI were as follows:
Additions to MSCI index
: Qatar
International Islamic Bank
Deletions from MSCI index
:
None
It is
worth-noting that additions, deletions or re-rating of
corporations by international indexes agencies is subject to
several measurements and factors. Most importantly is the
investable capital, stakes liquidity, average cycling on a
monthly/yearly basis. Another factor is company’s readiness for
conducting semi-annual reviews by respective agencies
determining its position either by giving the same rating, or
upgrading or downgrading the rating, or deleting or adding new
rated firms.
Normally,
the re-rating of companies by international indexes agencies
affects the appetite, positively or negatively, of the
international investors, funds’ managers and funds’ portfolios
to trade on the stakes. Adding, deleting, upgrading or
downgrading would result in high volumes of trading by investors
where we can observe active trading on the added or deleted
stakes.
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