MSCI announces latest changes to U.S., China, emerging market indexes
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(Reuters) - U.S. index provider MSCI announced changes to a number of its index funds on Monday, adding 55 securities and removing 34 from its World Index <.MIWD00000PUS>.
The three largest additions measured by full company market capitalization will be Denmark's Dong Energy
MSCI also announced changes to its emerging markets index <.MSCIEF> and added 44 new securities and deleted 3 from its China A index <.MICNA0000PUS>. The largest Chinese companies added were China Film Corporation A <600977.SS>, China Grand Automotive Services A <600297.SS> and Cultural Investment Holdings A <600715.SS>.
To its emerging markets index, MSCI added China Huarong Asset Management H <0993.HK>, Chinese ADR Weibo Corporation (NASDAQ: WB), and Brazil's Electrobras ON.
Updates were also announced to MSCI's frontier markets index, including the three largest: Sonatel (Senegal), Pampa Energia ADR (Argentina) (NYSE: PAM) and Bank Dhofar (Oman)
The changes were part of quarterly adjustments MSCI makes to its indexes, which it says are tracked by $9.5 trillion in assets.
The index fund updates will be implemented at market close on Nov. 30.
(Reporting by Dion Rabouin; editing by Diane Craft)
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