Index provider MSCI has announced the results of its latest semi-annual review. The changes will take effect after the market close on May 29.
Within the MSCI Global Standard Index, Millicom is the sole Swedish addition, while Holmen is set to be excluded.
The MSCI Global Small Cap Index will see the inclusion of Hanza, Holmen, Klarna, Röko, Scandi Standard, and Sivers Semiconductors. Conversely, Coffee Stain, Millicom, Truecaller, and Yubico will be removed.
Regarding the MSCI Global Micro Cap Index, six Swedish stocks are being added while five are being deleted. The new additions are Cheffelo, Coffee Stain, Truecaller, Volati, Wesports, and Yubico. Leaving the index are Climeon, Hanza, Organoclick, Scandi Standard, and Sivers Semiconductors.
Scandi Standard AB (publ) is a Sweden-based company that offers chicken-based food products. The Company is operational through Kronfagel AB in Sweden (including SweHatch AB and AB Skanefagel), Scandinavian Standard AS, formerly Cardinal Foods AS, in Norway and Danpo A/S in Denmark. Scandi Standard AB (publ) produces and sells fresh and frozen chicken as well as other chicken products through its brands Kronfagel, Danpo and Den Stolte Hane and through private label. In addition to chicken production, the Norwegian operations also include egg sales and turkey as well as duck products. Kronfagel AB is a chicken producer, SweHatch AB is an egg hatchery company, and Skanefagel supplies locally produced chicken products to Swedish retail stores, food service/catering and restaurants.
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