MSCI unveiled the outcomes of its quarterly review

15 stocks were integrated into the MSCI Frontier Market Index

41 stocks found their place within the MSCI Frontier Markets Small Cap Index.

Pakistan’s weight to ascend significantly, anticipated to rise from its current 0.6% to a more substantial 2.6% to 2.7%.

These alterations to take effect as of the close of business on August 31, 2023.

Inclusion to increase capital inflows from foreign investors

Since the start of FY24 foreign investment in equity market rises to $22.8 million