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-Citi says TASE could join MSCI Europe.

Global Banking News-May 7, 2013--Citi says TASE could join MSCI Europe(C)2013 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 07 May 2013

According to Citigroup, Inc (NYSE: C), the chances of the Tel Aviv Stock Exchange (TASE) joining the MSCI Europe index next month are 50 per cent.

Analysts of the bank said that a decision in this regard was expected by the end of June.

It is expected that if the TASE does join the index, there will be a small flow of money from passive funds into the market.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:May 7, 2013
Words:115
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