Magnit has been included in MSCI Russia and MSCI EM Indices

Magnit has been included in MSCI Russia and MSCI EM Indices

Russian grocer Magnit has been included in the MSCI Index.

MSCI Barra announced the changes to the Equity Indices yesterday (27 May).

Magnit has been included in MSCI Russia and MSCI EM Indices. The weight of Magnit global depositary receipts (GDRs) in MSCI Russia amounts to 2.3%.

These changes result from the May 2010 semi-annual index review.

The MSCI Index is a global equity benchmark used by institutional investors.