VOL. XLII

No. 36

6-September-1999

GENERAL

IFC Expands Middle East Index Coverage

The International Finance Corporation (IFC) will addBahrain, Oman and Lebanon to its indexes of emerging stock markets from 3September, bringing the number of emerging market countries covered in the IFCindexes to 54. Bahrain and Oman will be included on the IFC Global Index (IFCG)series which is calculated daily and measures performance of the most activestocks on local stock exchanges, even if stocks are...