MSCI Emerging Markets adds ADIB, Aramex

Deyaar Development and DXB Entertainments were deleted from MSCI Global Small Cap Index

  

UAE -  The semi-annual review of the MSCI Emerging Markets showed the addition of Abu Dhabi Islamic Bank (ADIB) to MSCI Global Standard Index and Aramex to MSCI Global Small Cap Index.

Deyaar Development and DXB Entertainments were deleted from MSCI Global Small Cap Index, according to the report.

In its recent report, Beltone Financial expected that DXB Entertainments would be delisted from the UAE stock markets.

Meanwhile, International Holdings Company is forecast to be listed on the UAE stock markets and added to the MSCI UAE Index for the first time.

It is noteworthy to mention that in May, MSCI has added Emirates NBD to its Global Standard Index.

Source: Mubasher

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