Index provider MSCI Inc. (MSCI) Tuesday unveiled a series of stock additions and deletions to its widely followed measures, with the bulk of the changes being applied to the company's global Islamic indexes.

As part of its August quarterly index review, MSCI said it had added 32 new securities to the ACWI Islamic Index while 46 stocks were deleted. Among the largest additions were companies listed in the U.K. like credit-checking company Experian PLC (EXPGY, EXPN.LN) and Randgold Resources Ltd. (GOLD, RRS.LN), as well as U.S.-based Dr. Pepper Snapple Group Inc. (DPS).

China's KWG Property Holding Ltd. (1813.HK) was incorporated into the MSCI Emerging Markets Index, a closely watched measure thanks to a larger push into developing-world equities by global investors over the last year. No stocks were taken out of the index, however.

Changes announced in the review will take effect as of the end of trading on Aug. 31, MSCI said.

Elsewhere, the China A Index saw 10 new stocks including A-class shares of China Eastern Airlines Corp. Ltd. (CEA, 600115.SH, 0670.HK) and Jiangsu Yanghe Brewery JSC Ltd. (002304.SZ).

The Frontier Markets Index, which has also benefited from investor interest in the developing world, was left unchanged.

Among developed-market indexes, the company added five names to the global standard indexes. The three largest newcomers on the MSCI World Index are Sweden's Hexagon AB (HEXA-B.SK), U.K.-listed Intertek Group PLC (ITRK.LN), and Japan's Hamamatsu Photonics K.K. (6965.TO).

-Kejal Vyas, Dow Jones Newswires; 212 416 2185; kejal.vyas@dowjones.com

 
 
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