PHOTO
Abu Dhabi-based food and beverage company Agthia said on Wednesday it will join Morgan Stanley Capital International's (MSCI) Small Cap Emerging Markets index from May 27.
The disclosure was made to the Abu Dhabi Securities Exchange, where its stock trades.
The index includes small cap companies across 27 emerging markets countries. With 2,334 constituents, it covers approximately 29 per cent of the free float-adjusted market capitalisation in each country, as of April 30, 2021.
Earlier this month ADX-listed ADNOC Distribution said it was joining MSCI Emerging Markets index on May 27.
Agthia, is 51 percent owned by Abu Dhabi’s investment holding company, Senaat.
(Writing by Brinda Darasha; editing by Daniel Luiz)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021
