MSCI Barra reclassifies Jordan and reviews other countries
Jordan to step down to frontier market status in November. Israel, South Korea Kuwait, Qatar, and the UAE are under consideration for upgrades, while Argentina and Colombia could be downgraded.
Global index provider MSCI Barra has announced a change to its classification of markets in its MSCI equity indices as well as adjustments that are under consideration following discussions with the investment community. MSCI Barra will reclassify Jordan as a frontier market at its semi-annual index review in November from its current emerging market status. It is starting consultations in July on proposals to upgrade Israel and South Korea to developed markets from their existing eme…
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