MSCI snubs Biafo, bets on Air Link in frontier reshuffle
Pakistan has seen a single change to its weighting in MSCI's frontier market universe in the index provider's latest semi-annual review, with Air Link Communication Limited earning a spot in the MSCI Pakistan Small Cap Index while Biafo Industries Li
August 13, 2026 (MLN): Pakistan has seen a single change to its weighting in MSCI's frontier market universe in the index provider's latest semi-annual review, with Air Link Communication Limited earning a spot in the MSCI Pakistan Small Cap Index while Biafo Industries Limited has been dropped, according to an MSCI announcement dated August 12, 2026. The reconstitution, effective as of the close of trading on Augus...