$MSCI

Chile's stock market has completed an index overhaul, handing the calculation of its IPSA and IGPA benchmarks to MSCI. The change, effective 1 September 2026, follows a similar shift in Colombia and Peru. The nuam holding company, which owns the stock exchanges of Santiago, Lima, and Bogotá, announced the switch. The IPSA will start with 31 members, and the IGPA with 50, both rebranded as MSCI IPSA and MSCI IGPA.

MSCI is reviewing rules that could remove MicroStrategy from global equity indexes, focusing on companies primarily engaged in asset accumulation. MicroStrategy shares rose 35% in a week but are down 60% year-over-year. The review uses five financial metrics to assess eligibility, potentially affecting demand and capital access for MicroStrategy's Bitcoin purchases.

MSCI Inc. (MSCI), a data and analytics provider, has underperformed the broader market over the past year. Its shares fell 10.1% on July 21 after raising its 2026 operating expense forecast, citing higher costs. Analysts expect MSCI's adjusted EPS to grow 13.5% YoY to $19.61. The consensus rating is 'Strong Buy' with a mean price target of $690.44, a 22.5% premium to current levels.

MSCI canceled the planned addition of three securities to its Turkey small cap indexes for August 2026 review, citing feedback and investability concerns. The affected securities are Tera Yatirim, Tera Finansal Yatirimlar, and Kardemir (B) shares. MSCI will continue to evaluate Turkish securities individually due to investor concerns about free-float and trading practices.

Deutsche Bank analyst Faiza Alwy identified top Business and Info Services stocks post-Q2 earnings. Aramark (ARMK) and TransUnion (TRU) raised outlooks, while CoStar Group (CSGP) lowered guidance. Equifax (EFX) and Fair Isaac (FICO) beat EPS estimates. Moody’s (MCO) and S&P Global (SPGI) surpassed revenue and profit forecasts. Republic Services (RSG) and Trinity Health (TH) showed upside potential. Deutsche Bank upgraded Trinity Health (TH) to Buy.

Sky Gold & Diamonds Ltd was added to the MSCI India Domestic Small Cap Index following MSCI’s latest review. The company said it turned operating cash flow positive in the current quarter and is strengthening governance and its “Sky Gold 3.0” operating model. BSE shares last traded at Rs. 775.45.

MSCI plans to revise its global index methodology to identify “non-operating” companies using five balance-sheet and cash-flow ratios, potentially removing Strategy (MSTR) from indices. MSCI simulations using May 2026 data suggest three removals: Strategy, Yellow Cake, and Metaplanet. Strategy challenged MSCI on Aug. 14 and has over 840,000 BTC. MSCI seeks comments until Sept. 30, 2026.

Strategy (Bitcoin treasury firm) criticized MSCI Inc.’s plan to exclude it from MSCI indices, arguing digital assets are assets and index providers should not decide which assets firms can own. MSCI’s revised framework would still target “non-operating companies.” The article cites MSTR’s Friday move and a 73% market-implied deletion odds by December.

MSCI opened an Aug 14, 2026 consultation to exclude “non-operating” companies from its Global Investable Market Indexes, using May 2026 data. The proposal would delete Strategy (MSTR), Metaplanet (3350) and Yellow Cake (YCA) from the MSCI ACWI IMI, with feedback due Sep 30 and results Oct 16. Passive outflows are estimated up to $2.8B, or $8.8B if adopted broadly.

According to Coinpedia, Strategy Inc Class A (MSTR) failed four of five MSCI non-operating company tests in May 2026 and could be reclassified as an asset-holding company, which may risk removal from MSCI indexes. Coinpedia also says Norway’s GPFG held 11,549 BTC (~$725M) in H1 2026, with MSTR representing about 81% (~$1.18B) of its indirect crypto exposure.