MSCI

KSE-100 index surges 586.78 points, settles at 60,459.74

Expected to impact investor sentiment amid market fluctuations

Semi-annual review may result in withdrawal of foreign investment from PSX

Global investors show willingness to invest in Pakistani businesses

Benchmark index rises 16.10 points to settle at 33,283.79

Benchmark index rises 1,606 points to close at 37,584

Keeps emerging market status following signs of economic recovery

In an unexpected development Honda Atlas, Maple Leaf Cement removed

Inclusion on the Emerging Markets Index could lead to up to $12 billion of inflows

Top-performing shares are those likely to be part of the upgrade

Reduces time required to confirm large trade orders, increases staff at commercial banks

The stock market underwent negative sentiment as delight leading up to MSCI’s official announcement settled down

Passive foreign funds are expected to return to the market

Result part of May 2017 Semi-Annual Index Review, decision to be effective from June 1, 2017

Investors hurry to accumulate stocks that are part of the MSCI Pakistan Index

Institutional investors maintain bullish stance despite regional tension, political uncertainty

Pakistan's currency is stable and foreign exchange reserves have jumped to all-time highs

The MSCI has announced its Pakistan Index would be reclassified to Emerging Markets status

Trade volumes rose to 243 million shares compared with Tuesday’s tally of 143 million

KSE-100 Share Index surges over 2% as MSCI upgrades Pakistan economic status

PSX surges over 2% as Pakistan upgraded to emerging markets status

Annual review coming up in May; investors keenly await outcome