Expolanka enters BlackRock iShares MSCI Frontier and Select EM ETF

Expolanka Holdings PLC is among the four Sri Lankan stocks in iShares MSCI Frontier and Select EM ETF, managed by BlackRock Fund Advisors accounting for over one percent of the fund.
For the first time, Expolanka was listed in the fund from November 30th this year, with a market value of US$ 1.38 billion and with a weight of 0.27 percent.
However, John Keells Holdings PPLC (JKH) had the highest market value exceeding US$ 2 billion with 0.39 percent weight in the fund.
In addition, Sampath Bank PLC and Commercial Bank of Ceylon PLC are also in the fund with market values of US$ 768.74 million and US$ 566.45 million.
iShares MSCI Frontier and Select EM ETF is among two exchange traded funds (ETFs) that focus on the most attractive frontier markets and it had 169 holdings as of 16th of December this year.