May 15

MSCI Adds National Bank of Pakistan to Frontier Market Index

In a significant development for Pakistan’s financial market, MSCI has announced the inclusion of National Bank of Pakistan (NBP) in its Frontier Market Index during the May 2024 index review. The addition of NBP marks a notable milestone for Pakistan’s banking sector and underscores the country’s growing prominence in frontier market indices. According to Mohammad […]

by Shahnawaz Akhter

MSCI Review Maintains Status Quo for Pakistan Main Index

Nov 15

Stock & Commodity

MSCI Review Maintains Status Quo for Pakistan Main Index

November 15, 2023 – In its latest update on the November 2023 Index Review, MSCI has announced that there will be no changes in the constituents for Pakistan in the main Frontier Market Index.

by Shahnawaz Akhter

Nov 25

Stock & Commodity

PSX changes market timings amid MSCI reclassification

KARACHI: Pakistan Stock Exchange (PSX) on Thursday announced a temporary change in duration for closing price determination and market timings. The PSX said that in the context of the reclassification of Pakistan from MSCI Emerging Market Index to MSCI Frontier Market Index, all Market Participants are hereby informed that the following temporary changes in ‘Market […]

by Faisal Shahnawaz

Stocks sink 599 points on MSCI announcement

Nov 12

Stock & Commodity

Stocks sink 599 points on MSCI announcement

KARACHI: The stocks fell by 599 points on Friday owing to announcement of semi-annual index review for the MSCI equity indexes. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 45,749 pints as compared with previous day’s close of 46,348 points. MSCI has announced the results of the November 2021 Semi-Annual Index Review […]

by Faisal Shahnawaz

Oct 2

Stock & Commodity

PSX worst performing market in third quarter

KARACHI: Pakistan Stock Exchange (PSX) is one of the worst-performing markets in the third quarter of 2021, according to analysts. Pakistan was one of the worst-performing markets in 3Q2021 (as per Bloomberg). Brazil (-19 per cent) and Hong Kong (-15 per cent) were the only other markets that performed poorly than Pakistan. The leading markets […]

by Mrs. Anjum Shahnawaz

MSCI to reclassify Pakistan Indexes to frontier market

Sep 8

Stock & Commodity

MSCI to reclassify Pakistan Indexes to frontier market

New York: MSCI Inc. (NYSE: MSCI) announced on Tuesday that it will reclassify the MSCI Pakistan Indexes from Emerging Markets to Frontier Markets. The MSCI is a leading provider of critical decision support tools and services for the global investment community. According to a statement, this conclusion follows feedback received from market participants from its […]

by Faisal Shahnawaz