Pakistani stocks would not be included in MSCI Index

Pakistan stock markets would not be listed in the MSCI emerging market index next year. According to MSCI Index administration, Pakistani stocks have been improved; however it could not be included into the list as yet. Pakistan was incorporated in the said index in 2005, while saw exclusion after stock market crisis in 2008. It merits to mention that Morgan Stanley Index reviewed all the stock markets across the globe in June.