MSCI monitoring forex crisis impact on Lankan equities

Monday, 15 November 2021 03:42 - - {{hitsCtrl.values.hits}}

MSCI, the leading provider of research-based indexes and analytics, is closely monitoring Sri Lanka’s market developments that may impact market accessibility and index replicability.

It said this is following feedback from market participants regarding the deterioration of liquidity in the Sri Lankan foreign exchange market.

MSCI said it welcomes additional feedback from market participants on the accessibility of the Sri Lankan equity market. “Changes to the treatment of Sri Lankan securities in the MSCI Indexes, if any, will be announced to all clients simultaneously,” MSCI said in an announcement for the MSCI Global Standard Indexes.

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