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The decision comes as a great disappointment to the Israeli capital market, which would have seen an influx of billions of dollars had MSCI reclassified Israel from Middle East to Europe.
If global index provider MSCI reclassifies Israel to Europe, as hoped, implications for Israeli capital market would be 'hugely significant,' say analysts
'This is a game-changer, and if it happens, it will be amazing news for the Israeli market' - Click the link for more details.
'This is a game-changer, and if it happens, it will be amazing news for the Israeli market' - Click the link for more details.
Billions could flow into Israel's capital market if MSCI decides to include Israel in its Europe Index, according to Offir Eyal of the Israel Securities Authority.