Morgan Stanley, the global stock index company, has revealed an unusual review of the Egyptian economy in its MSCI indices recently as investors in the Egyptian market suffer from the shortage of foreign liquidity. Morgan Stanley indicated that it will not implement any adjustments in the framework of the upcoming index review for any securities in Egypt classified for listing on the MSCI indices and related composite, derivative and special indices. MSCI indices criteriaEntering the MSCI indices requires meeting several criteria, on top of which are the daily trading volume and the percentage of free trading, in addition to the market value of the listed companies, and there are 3 companies already. He explained that this is the main reason behind expectations that the revision of the Stanley index will not affect trading in the Egyptian market. Problems of foreign investors in EgyptAmr El Alfy, head of the research department at Prime Holding, said that the MSCI report is just an expression of the problems of foreign investors in Egypt, such as the difficulty of exiting and making remittances, adding that although it is negative news that will lead to a decrease in foreign investments in the short term.
