On the 15th, leading index provider MSCI announced the introduction of new rules that exclude companies with minimal business operations, referred to as 'non-operating companies,' from the MSCI Global Investable Market Index (GIMI). The proposal, initially released on August 3, will be implemented with minor adjustments.
The new rules will be applied during the regular index review in November and will take effect at the close of trading on November 30. Companies currently affected by this change may include...