MSCI Barra announced today, following a consultation with market participants, enhancements to the methodology of the MSCI Gulf Corporation Council (GCC) Countries Indices. The enhancements create a framework similar to that under the MSCI Global Investable Market Indices Methodology which aims to provide exhaustive representation and non-overlapping size segmentation of the investable universe. The enhanced MSCI GCC Countries Indices Methodology accounts for the specific structure of the GCC country markets by using country specific size and liquidity requirements. The Standard Indices will be segmented into Large Cap and Mid Cap Indices in each market. In addition, MSCI Barra will start calculating Small Cap Indices for the six GCC countries. Finally, the Standard and Small Cap Indices will be combined to create the Investable Market Indices.
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