Greek Stocks to Suffer Outflows on MSCI Upgrade, JPMorgan Says

Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists.

By Farah Elbahrawy · Bloomberg Markets

Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists.