4 stocks included in global index calculation
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Four Thai stocks - InTouch, Home Products Centre, Minor International and True Corp - are included in the calculation of MSCI Global Standard Indices.
The Stock Exchange of Thailand also announced that in the review of the list, no Thai companies are excluded from the list in this round.
SET President Charamporn Jotikasthira said that at present, 26 Thai securities are included in the index calculation.
The four new stocks have combined market capitalisation of Bt641 billion.
The inclusion will take effect from June 1, 2013.
"The number of Thai stocks included in the MSCI Global Standard Indices has been on the rise. This will attract more overseas investment in the Thai market. This also reflects that Thai listed companies are of bigger size, higher quality and liquidity," Charamporn said.
MSCI Barra's selection criteria is based on several fronts like market capitalisation, liquidity and foreign shareholding limits.
