![epa07731132 Kuwaiti traders sit and observe the stock market's developments at the trading hall of the Kuwait Stock Exchange, in Kuwait City, Kuwait, 21 July 2019. The Premier Market Index of the national stock market of Kuwait, Boursa Kuwait, dropped on 21 July by 1.22 per cent. EPA/NOUFAL IBRAHIM](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/EZW7DBBCFJZM7IZ52LR5U6GFTM.jpg?smart=true&auth=d4be158307eb34a23d505e743e074d8919aa4788366d851df00bf734d108a927&width=400&height=225)
Boursa Kuwait's upgrade to emerging market status by MSCI will take place in five phases, starting from this month until November 2021. EPA.
Boursa Kuwait's upgrade to emerging market status by MSCI will take place in five phases, starting from this month until November 2021. EPA.
Boursa Kuwait makes changes ahead of EM index upgrade
Inclusion into MSCI Emerging Market index will bring in $2.9bn from passive funds that track the index, according to Kamco Research