Bloomberg News

MSCI Says Increases Akbank Weight in Global Indexes From May 31

May 29, 2012

Akbank TAS (AKBNK)’s weighting, or foreign inclusion factor, in the MSCI Global Standard Indices will be increased to 0.45 from 0.3 at the close of trading on May 31, MSCI said in an e-mail today.

The decision comes after Citigroup Inc. (C:US) sold a 10.1 percent stake in the Turkish lender, the e-mail said.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


Toyota's Hydrogen Man
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • C
    (Citigroup Inc)
    • $54.01 USD
    • -0.09
    • -0.17%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus