LAHORE - MSCI, a leading provider of investment decision support tools worldwide, announced the results of the August 2012 Quarterly Index Review for MSCI Equity Indices with no major change for Pakistan.

Within Frontier Markets (FM) index that consist of 25 frontier markets (FM), no country has been added or deleted.

Reclassification of UAE and Qatar indices from FM to EM (Emerging Market) has not been done that could have increased Pakistan weight-age in the FM. While on the other hand, addition of MSCI Morocco and Saudia Arab that would have reduced Pakistan’s weightage has also not been done.  From individual companies perceptive, no addition or deletion have been done with regards to Pakistan, but addition of one company i.e. Petrovietnam has been done overall.

At present Pakistan have 12 companies that includes OGDC, MCB, FFC, POL, UBL, Engro, NBP, PPL, PSO, Hubco, PTCL, Fatima, and while HBL was dropped from the list in May review.