Romania’s weight in MSCI frontier markets 100 index, up to 3.38 pc


The cumulated weight of five Romanian companies listed at Bucharest Stock Exchange (BVB) and included to MSCI Frontier Markets 100 Index would increase to 3.38 pc by November 2014, a press release informs. This increase will reflect even better the developments occurring within Romanian capital markets and, also, is part of the changes in the methodology of calculating the index and the exit of two countries from the frontier markets category. On July 30, 2014, Romania’s weight to MSCI Frontier Markets 100 Index was 2.23 pc. The five Romanian companies included in the MSCI Frontier Markets 100 Index are Banca Transilvania (TLV), OMV Petrom (SNP), Romgaz (SNG), BRD – Groupe Societe Generale (BRD) and Transgaz (TGN). MSCI Frontier Markets 100 is an investible index, used as underlying for more ETFs. The index reflects the performance of frontier markets and puts more emphasis on the trading characteristics.