MSCI gives Egypt "special treatment" in equity indexes over FX concerns

Variety
09-05-2023 | 07:33
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
MSCI gives Egypt "special treatment" in equity indexes over FX concerns
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
MSCI gives Egypt "special treatment" in equity indexes over FX concerns

Global equity index provider MSCI is to apply "special treatment" on Egyptian securities listed in its indexes following investor feedback about low FX liquidity in the country.

In a note published late on Monday, MSCI said the issues meant it would not "implement any changes as part of upcoming index reviews for any securities classified in Egypt for MSCI Egypt indexes, impacted composite, derived and custom indexes."

MSCI is scheduled to release the results of its quarterly index review where it provides investors with an update on securities that will be added or removed from its equity benchmarks on Thursday after US market close.
 

MSCI

Egypt

Special

Treatment

Equity

Indexes

FX

Concern

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More