MSCI will give Egyptian securities in its indexes “special treatment” after investor criticism about poor FX liquidity.
MSCI stated late Monday that it will not “implement any changes as part of upcoming index reviews for any securities classified in Egypt for MSCI Egypt indexes, impacted composite, derived and custom indexes.”
On Thursday, after the U.S. market close, MSCI will reveal the findings of its quarterly index review, updating investors on stocks added or deleted from its equity benchmarks.
