MSCI reclassification: Hexagon gets new sector classification
Morgan Stanley Capital International (MSCI) has decided to reclassify Hexagon AB from Sector 20 Industrials to Sector 45 Information Technology as of market close 29 July, 2011. Classification is undertaken in accordance with the Global Industry Classification Standard (GICS), the classification standard used by many stock exchanges including NASDAQ OMX Stockholm.The reclassification entails that Hexagon enters and exits a number of sub-indices of the NASDAQ OMX Stockholm Stock Exchange as of August 1st. The most important index changes are:Sector level: · Enters: SX45PI Information