(MSCI) Grab Holdings Ltd rose more than 8% on Thursday to extend gains from the previous day as MSCI Inc. announced that the stock was among 21 added to the global index.
The addition also included Netherland’s Aercap Holdings NV and Kimco Realty Corp.
The changes, which will come into effect from market close on February 28, also see the addition of China mobile to the MSCI China A Onshore Index.
MSCI also announced eleven deletions from the Index in the February 2022 quarterly rebalancing. The deletions track stocks from 25 emerging and 23 developed markets.
GRAB: NASDAQ is up +8.65% on premarket.
