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Stock impact report

Egypt, Pakistan Await Verdict on Emerging-Market Demotion Threat [BNN Bloomberg (Canada)]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: BNN Bloomberg
economic-turnaround plans are enough to avoid demotion at FTSE Russell. Vietnam is awaiting an elusive promotion. The index provider will announce the results of its first classification review of 2024 after the close of trading in New York. The rankings influence where $15.9 trillion of funds that track the company's gauges invest their money, especially in emerging and frontier markets. FTSE Russell has put Egypt in September on a watch list for a potential downgrade by two notches to so-called unclassified status, while Pakistan is at risk of a one-level demotion to frontier markets. Vietnam has been on the same list since 2018 for elevation to secondary emerging-market status, the third of the index provider's five tiers. The review takes place as markets start emerging from a post-Covid saga of debt distress, with a wave of economic reforms sweeping across frontier nations from Argentina to Vietnam. Boosted by billions from the International Monetary Fund, the best perfor Show less Read more
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