Abu Dhabi – Mubasher: Agthia Group has joined the Morgan Stanley Capital International (MSCI) Emerging Markets Index, which sees wide interest from international investors, effective 27 May.
The group has been included in the MSCI Emerging Markets Index after achieving the listing conditions, including market capital, liquidity rates, and foreign inclusion factors, according to a press release on Sunday.
Following its inclusion in the Index, Agthia is forecast to raise the attractiveness of its stocks to foreign investors.
It is noteworthy to mention that in the first quarter (Q1) of 2021, the company's profits attributable to the owners increased by 86% to AED 49.584 million from AED 26.637 million in the year-ago period.