MSCI Global Standard Indexes adds Yang Ming
STRONG SHOWING: Analysts said Yang Ming Marine Transport Corp was added thanks to its performance on the Taiwan Stock Exchange as freight rates rose
Staff writer, with CNA
Yang Ming Marine Transport Corp (陽明海運), one of the leading container cargo service providers in Taiwan, has been added to the MSCI Global Standard Indexes after a semi-annual review.
In a statement on its Web site yesterday, the index provider said that it removed Yang Ming from the MSCI Global Small Cap Indexes, but added it to the MSCI Global Standard Indexes.
Conversely, it said that it removed computer periphery supplier Chicony Electronics Co (群光電子) and property developer Highwealth Construction Co (興富發) from the MSCI Global Standard Indexes, but added them to the MSCI Global Small Cap Indexes.
Yang Ming upbeat due to high shipping rates | Hellenic Shipping News Worldwide
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Yang Ming upbeat due to high shipping rates
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