Abbott Laboratories Pakistan and Searle Pakistan are set to be added to the Morgan Stanley Capital International (MSCI) Pakistan Index following the close of trading on February 28, according to a statement from MSCI.

In addition to these changes, MSCI will update its Pakistan small-cap index by including BF Biosciences, Biafo Industries, and Power Cement. However, the index will remove four companies: AIRLINK, Askari Bank, Attock Refinery, and Searle Pakistan. While Searle Pakistan is being removed from the small-cap index, it will be added to the main MSCI Pakistan Index.

These adjustments will take effect on February 28.

Earlier this month, reports indicated that MSCI was expected to incorporate six more stocks from the Pakistan Stock Exchange (PSX) into its indices, reflecting ongoing changes in the market landscape.