{
  "id": 19736003,
  "title": "MSCI adds Attock Refinery to its Pakistan Index",
  "url": "https://urgent.news/2026/11/13/msci-adds-attock-refinery-to-its-pakistan-index",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T00:14:20.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448676/msci-adds-attock-refinery-to-its-pakistan-index"
  },
  "original_language": "en",
  "account": "On November 11, MSCI announced it would be incorporating Attock Refinery Limited into its MSCI Pakistan Index as part of their November 2026 Frontier Markets Index Review. This change will take effect on the closing of business on November 30, 2026.\n\nThe decision to add ATRL was based on its free-float market capitalization of USD168 million at the end of October 2026, which surpassed the minimum threshold of USD116 million. This addition brings the total number of constituents in the MSCI Pakistan Index to 30.\n\nSimultaneously, Pakistan Oxygen Limited and Flying Cement Company Limited were removed from the MSCI Frontier Markets Small Cap Index. According to the review analysis, Pakistan's weight in the MSCI Frontier Markets Index decreased to 4.98 percent in November 2026 from 5.2 percent in August.\n\nThis decline was mainly due to an increase in the aggregate market capitalization of other index constituents relative to Pakistan's, which reduced the country's share of the overall index. During the review period, the KSE-100 Index declined by 5.5 percent.",
  "summary": "KARACHI: MSCI has added Attock Refinery Limited to its MSCI Pakistan Index as part of its November 2026 Frontier Markets Index Review, while Pakistan’s weight in the MSCI Frontier Markets Index declined to 4.98 percent from 5.2 percent in the previous review conducted in August 2026. The changes, announced on November 11, are scheduled to take effect from the close of business on November 30,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "BusinessDay Nigeria",
        "title": "Zimbabwe targets MSCI index listing to draw foreign capital",
        "url": "https://urgent.news/2026/11/12/zimbabwe-targets-msci-index-listing-to-draw-foreign-capital",
        "published": "2026-11-12T12:09:26.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "MSCI adds LIC, Coforge, Adani Green, Meesho to index",
        "url": "https://urgent.news/2026/11/13/msci-adds-lic-coforge-adani-green-meesho-to-index",
        "published": "2026-11-13T00:10:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}