Mubasher: MSCI announced the result of the periodical review of its MSCI Equity Indexes, which includes review of MSCI Frontier Markets Indexes.
In respect to GCC region, the review of MSCI Frontier Markets Indexes reflected the addition of Bank of Jordan to MSCI Jordan index, without any deletions, as well as the addition of BBK to MSCI Bahrain index and adding Bank Dhofar to MSCI Oman index.
MSCI also announced the review of MSCI GCC Countries Domestic Small Cap Indexes, which reflected the addition of Qatar First Bank to MSCI Qatar index and the addition of each ALBaraka banking group and Itamaar Bank to MSCI Bahrain index.
Meanwhile, MSCI GCC Countries Domestic Small Cap Indexes review included the deletion of Aes Barka and AL – Anwar Ceramic Tile Co. from MSCI Oman index.
To its MSCI GCC Countries Small Cap, MSCI added Arabtec Holding to MSCI United Arab Emirates Index and deleted DXB Entertainments.
In the same vein, MSCI reviewed MSCI GCC Countries Small Cap Indexes where it added Qatar First Bank and Vodafone Qatar.
In addition, review of MSCI Saudi Arabia Index involved the addition of Jazira Bank, Middle East HealthCare, Yamamah Saudi Cement Co. and Yanbu Cement.
Moreover, AL khaleej training and education, Ainma tokio marine, ALjazira takaful taawuni Co, Saudi fransi Co., AXA Insurance, Electrical industries, Fitaihi, Methanol chemicals, MetLife AIG ANB, Middle East Paper Co, Nama chemicals, Sabb takaful, Saudi arabian amiantit co., Saudi automotive services, Saudi printing & packaging, Saudi steel pipes, Saudi transport & investment Co., Umm al-qura cement Co., and United electronics were deleted from MSCI Saudi Arabia Index
