June 25, 2019 / 8:48 PM / 21 days ago

MSCI upgrades Kuwait equities to its main emerging markets index

June 25 (Reuters) - MSCI Inc upgraded Kuwaiti equities to its main emerging markets index on Tuesday, which could trigger $2.8 billion of inflows from passive funds.

MSCI also said it will consult on the potential reclassification of the MSCI Iceland Index to Frontier Markets status. (Reporting by Jennifer Ablan; editing by Jonathan Oatis)

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