This archive report was first published on 13 November 2019.
Published on November 13th, 2019, Morgan Stanley Capital International (MSCI) has made changes to the MSCI Frontier Market Index as part of its regular update cycle.
The companies being removed from the index include Delta Holdings from Morocco, Saham Assurance from Morocco, Commercial Bank Ceylon from Sri Lanka, Khaleeji Commercial Bank from Bahrain, International Breweries, Oando PLC, Total Nigeria from Nigeria, and Oman Flour Mills from Oman.
Additionally, Al Arafah Islamic Bank, BSRM Steels, Islamic Bank Bangladesh, One Bank, Padma Oil Company from Bangladesh, Barclays Bank of Kenya, Cooperative Bank of Kenya, Poulina Group Holdings from Tunisia, and Hoang Anh Gia Lai from Vietnam will be removed.
On the other hand, High Tech Payment Systems from Morocco, Jordan Islamic Bank from Jordan, Aviation Lease and Finance Company, Boubyan Petrochemicals from Kuwait, Dangote Flour Mills, Ecobank Transnational, FBN holdings from Nigeria, Ominvest from Oman, NATL Life Insurance, Singer Bangladesh from Bangladesh, Petrokemija from Croatia, KCB Group from Kenya, and Aerodrom Nikola Tesla from Serbia will be added to the index.
