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MSCI EM Index adds Gulf Warehousing

MSCI EM Index adds Gulf Warehousing
(Photo Credit: Arabianeye-Reuters)
Gulf Warehousing
GWCS
0.58% 3.29 0.02

Doha – Mubasher: The semi-annual review of the MSCI Emerging Markets (EM) Index, previously known as Morgan Stanley, showed that Qatar Stock Exchange (QSE)-listed Gulf Warehousing Company has been added to the large companies’ index.

Implementing the amendments will be effective from 1 June, MSCI added in a statement released Tuesday.

The companies' adherence to the index depends on the trading rates allowed for foreigners and the volume of trading on the companies’ shares.