Khaleej Times

MSCI adds 3 more securities to index

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US index provider MSCI announced on Thursday that it will add three securities and remove just one from its AllWorld Index.

The two largest additions to MSCI’s World Index will be Hong Kong’s Jardine Strategic Holdings and Advanced Micro Devices from the US.

The index maker also announced India’s Grasim Industries would be the only addition to its Emerging Markets Index. Vietnam’s FLC Faros Constructi­on and Saigon Beer Alcohol Beverage Corp will be added to the Frontier Markets index.

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