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Boursa Kuwait to remain under MSCI EM focus until reclassification

Boursa Kuwait to remain under MSCI EM focus until reclassification
The possible weight for Boursa Kuwait will be 0.3%

Mubasher: Morgan Stanley said that Boursa Kuwait will remain under the focus of the MSCI for emerging markets for assessment until it is reclassified in 2019, according to a recent statement.

Applying this assessment gives a chance for Boursa Kuwait to be promoted in the coming year.

The possible weight for Boursa Kuwait, in case of listing to the MSCI emerging markets list, will be 0.3%, the statement added on Wednesday.

On Wednesday, Morgan Stanley also announced that the Saudi Stock Exchange (Tadawul) has joined the MSCI emerging markets list.