Author: Ahmed Mukhtar Naqshbandi

Media person and communication expert for over 25 years. Worked with Dow Jones News, World Bank, CNBC Pakistan, Aaj TV, ARY TV, Abbtakk TV, Business Recorder, Pakistan Observer, Online News Network, TTI Magazine and other local and world Publications.

“MSCI Pakistan Indexes will be reclassified from EM to FM in one step coinciding with this index review,” the statement reads.
According to details, 3 Pakistani securities will be added to the MSCI FMI at an aggregate weight of 1.25%.
According to some financial experts, the PSX reclassification in FMI would support companies to regain their share prices.

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