MSCI Philippines standard index unchanged; Maynilad, Apex enter small-cap basket

MANILA, Philippines — Global index provider MSCI has kept the MSCI Philippines standard index unchanged following its February index review, while adding Apex Mining Co. and Maynilad Water Services Inc. to the small cap basket. In an announcement, MSCI said all index changes would take effect after the close of Feb. 27 trades. There were no additions or deletions to the MSCI Philippines Standard Index, allowing Jollibee Foods Corp. to remain a constituent, consistent with earlier market expectations. READ: Why care about MSCI index? Meanwhile, First Metro Securities Brokerage Corp. said in a research note that the small-cap additions were accompanied […]... Keep on reading: MSCI Philippines standard index unchanged; Maynilad, Apex enter small-cap basket