Though Bangladesh is one of the 29 countries included in the MSCI Frontier Market Index, the country’s share is nominal in the index.
The index includes 116 constituents or listed companies, covering about 85 per cent of the free float-adjusted market capitalisation in each country.
The index is created by Morgan Stanley Capital International (MSCI).
The latest monthly review of the index showed that Argentina occupied highest 20.22 per cent weight of the index Kuwait (17.32 per cent), Vietnam (10.14 per cent), Nigeria (8.64 per cent) and Morocco (8.24 per cent).
The rest 24 countries including Bangladesh occupied 35.44 per cent of the index, combined.
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