MSCI Kuwait Index to be reclassified to EM status by end of 2019

Subject to same NIN cross trades availability

The MSCI Kuwait index is set to be reclassified to Emerging Markets (EM) status, with MSCI to make a final decision by 31 December 2019.

MSCI has also launched consultations on the possible reclassifications of the MSCI Iceland index and MSCI Peru index, following its 2019 Market Classification Review. The inclusion of the MSCI Kuwait index will involve nine stocks being added into the MSCI Emerging Markets index with a pro forma index weight of approximately 0.5%. Saudi Arabia and Argentina added to MSCI EM index This decision follows the promising signs shown since the implementation of Kuwait's Market Development Project, which was started in 2017. The project has brought numerous enhancements to the infrastru...