MSCI Freezes Some Turkey Index Changes, Warns of Possible Reclassification
MSCI froze certain Turkish equity index changes while assessing whether measures by Turkish authorities improve market transparency and address investor concerns. It warned Turkey could be downgraded from emerging-market status if progress is insufficient.
Story updates
09:19:19 PM UTC
SquawkNews
MSCI has frozen certain changes to its Turkey equity indexes and said it could consider downgrading the market if authorities fail to make sufficient progress in addressing investor concerns over market practices by mid-2027.Turkey's equity market has faced investor scrutiny over free-float calcula…
09:24:32 PM UTC
SquawkNews
MSCI will freeze certain index-related changes for Turkish equities effective immediately, citing concerns over free float reliability and market integrity, and may consider reclassification by June 2027 if progress is insufficient.Material DetailsContext by AI AnalystThis is a mid-cycle escalation…
MSCI said on Thursday it had frozen certain index changes for Turkish equities while it assesses whether measures introduced by Turkish authorities are improving market transparency and addressing investor concerns.It said Turkey could face a downgrade from emerging-market status if sufficient prog…