MSCI kicks two Adani cos from indexes; no changes to Egypt stocks, others

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MSCI kicks two Adani cos from indexes; no changes to Egypt stocks, others
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NEW YORK :Index provider MSCI said on Thursday two Adani-group companies will not be eligible for its global indexes, while 86 securities will be added to and 39 deleted from its widely followed MSCI ACWI stock index, as part of its quarterly index review.MSCI said earlier this week it would apply a 'special

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NEW YORK :Index provider MSCI said on Thursday two Adani-group companies will not be eligible for its global indexes, while 86 securities will be added to and 39 deleted from its widely followed MSCI ACWI stock index, as part of its quarterly index review.

On Thursday it said there would be no changes in this review for securities from Bangladesh, Kenya, Nigeria or Sri Lanka. The three largest additions to its emerging markets index will be Beijing-Shanghai High Speed Railway, Jinko Solar and Xinjiang Daqo New Energy.

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