BUSINESS

6 Pakistani Companies Selected For Listing On MSCI

Six Pakistani Companies selected for listing on Morgan Stanley composite index. This inclusion will be effective from June 1st, 2017.

There are 6 stocks that are part of MSCI emerging index including one large Cap- Oil & Gas Development Company, and five Mid-Caps, Habib Bank, United Bank, lucky Cement, Mcb-Bank, and Engro Corporation.

The simulated MSCI Pakistan investible market index has a total of 33 stocks.

Amongst 6 MSCI emerging stocks, highest weight will be of HBL followed by UBL, Luck, Engro, OGDC and MCB.