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MSCI to add Damac to UAE Index early June

MSCI to add Damac to UAE Index early June
Traders at Dubai's bourse (Photo Credit: Arabianeye-Reuters)
GGICO
GGICO
-9.85% 0.12 -0.01
Damac
DAMAC
0.00% 1.40 0.00

Dubai – Mubasher: MSCI said it will add Damac Properties to its United Arab Emirates Index on 1 June, according to the May 2017 semi-annual index review.

Dubai-listed Gulf General Investment Co (GGICO) will be removed from MSCI's small-cap index.