MSCI adds Mellanox to Developed Markets Index

At the same time MSCI deleted Elbit Systems from the index.

16 August 12 12:09, Yossi Nissan

MSCI Inc. (NYSE: MSCI) yesterday added Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) to its MSCI Developed Markets Index, replacing Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT). The update will take effect on August 31.

Mellanox's share price has risen 86% in the past two months on Nasdaq and 96% in the past three months on the TASE.

Mellanox was added to the Developed Markets Index with two US companies, Camden Property Trust (NYSE: CPT) and Realty Income Corporation (NYSE: O).

Published by Globes [online], Israel business news - www.globes-online.com - on August 16, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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