MSCI cuts weightings in two indices
Global index provider MSCI Inc yesterday cut Taiwan’s weighting in two indices, but raised the weighting in another after a semi-annual review, Taiwan Stock Exchange data showed. MSCI lowered Taiwan’s weighting in the MSCI Emerging Markets Index, which is closely watched by foreign institutional investors, by 0.11 percentage points to 15.56 percent, the exchange said. That revised weighting is still higher than a range of 11.46 percent to 14.21 percent over the past three years, it said. MSCI also lowered Taiwan’s weighting in the MSCI All-Country Asia ex-Japan Index to 17.9 percent from...
Source: taipeitimes.com