By Georgia Wells
MSCI Inc. (MSCI) announced a series of changes to its equity
indexes, including making Brazil's AmBev (ABV, AMBV4.BR) and
China's Haitong Securities (600837.SH) two of the largest additions
to the MSCI Emerging Markets Index.
Two Hong Kong-based companies were added to the MSCI World Index
as part of MSCI's semiannual review: Swire Properties (1972.HK) and
telecom HKT Trust and HKT Ltd. (6823.HK), MSCI said in a
statement.
The MSCI Emerging Markets Index also added Turkish auto maker
Tofas Turk Otomobil Fabrikasi (TOASO.IS), Thai hospital operator
Bangkok Dusit Medical Services (BGH.TH), Indonesia media group
Global Mediacom (BMTR.JK) and Mexican petrochemical group Alpek
(ALPEKA.MX), among others.
Meanwhile, several companies were removed from the MSCI Emerging
Markets Index, including Philippines-based Manila Electric Co.
(MER.PH), Malaysia property developer SP Setia (8664.KU) and
Peruvian-based mining company Volcan Compania Minera
(VOLCABC1.VL).
Bangladesh's Unique Hotel and Resorts Ltd. (UNIQUEHRL.DH),
Lithuania retail clothing chain Apranga (APG1L.LV) and Raysut
Cement (RCCI.ON), Oman's largest cement producer, were also added
to the MSCI Frontiers Market Index.
Many funds are benchmarked to MSCI indexes. All changes will go
into effect as of the close of Nov. 30, MSCI said.
Write to Georgia Wells at georgia.wells@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
