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MSCI adds companies to its stock indexes

Wed Nov 11, 2009 5:46pm EST

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NEW YORK, Nov 11 (Reuters) - MSCI on Wednesday announced a series of changes to its equity indexes as part of its semi-annual review.

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The provider of benchmark stock indexes said it is adding 48 securities and deleting 38 stocks from its Global Standard Indices.

The three largest additions to the world index .MIWD00000PUS are U.S. insurer Genworth Financial A (GNW.N), British satellite communications firm Inmarsat (ISA.L), and Canadian oil and natural gas exploration company Petrobank Energy & Resources (PBG.TO), the firm said in a statement.

The emerging market stock index .MSCIEF will take on Brazilian home builder PDG Realty (PDGR3.SA) and retailer Lojas Renner (LREN3.SA), as well as Chinese packaging company Nine Dragons Paper (2689.HK).

The changes will take effect as of the close of Nov. 30. (Reporting by Walter Brandimarte and Daniel Bases; Editing by Leslie Adler)

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