[Alpha Biz= Reporter Kim Sangjin] Yuanta Securities has identified Hyundai Rotem as a strong candidate for inclusion in the MSCI Index during the upcoming regular review in November.
The MSCI Index is one of the most influential stock indices globally, and its composition affects the inflow and outflow of passive (index-tracking) funds, significantly impacting stock price movements.
In a report released on the 17th, Ko Kyung-beom, a researcher at Yuanta Securities, stated, "If Hyundai Rotem's current market capitalization level is maintained, its inclusion should be seamless." Hyundai Rotem's market capitalization is around 6-7 trillion KRW, meeting the MSCI inclusion criteria.
Ko also mentioned LIG Nex1 as another stock nearing the inclusion threshold. He explained that while Yuanta Securities' estimated market capitalization requirement is conservative, LIG Nex1 would need a further 8.4-16.2% rise in stock price to be eligible, making its inclusion possibility rated as "Mid."
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
