trending Market Intelligence /marketintelligence/en/news-insights/trending/r9vjdm0v4SYYc64i_gvX5A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

MSCI to upgrade Kuwait indexes to emerging markets status

Blog

Fintech Intelligence Newsletter: February 2021

Blog

Banking Essentials Newsletter - February Edition

Blog

Fintech Intelligence: January 2021 Newsletter

Blog

Banking Essentials Newsletter, January edition - part 2


MSCI to upgrade Kuwait indexes to emerging markets status

MSCI Inc. announced that it will upgrade the MSCI Kuwait indexes to emerging markets status as part of its May 2020 semiannual index review after the Kuwaiti equity market succeeded in meeting necessary requirements.

"Kuwait's addition adds further diversification to the MSCI Emerging Markets Index with an estimated weight of 0.69%," said Sebastien Lieblich, global head of index solutions and chairman of the MSCI Equity Index Committee.

MSCI will issue more details about implementation and a set of provisional indexes up to Jan. 31, 2020.

"We welcome the latest market accessibility enhancements introduced by the Kuwaiti authorities that now allow international institutional investor to benefit from omnibus account structures and same NIN cross trade capabilities," Lieblich said.