Cochlear, Sonic Healthcare fall on MSCI Australia Index exit
BUZZ-Cochlear, Sonic Healthcare fall on MSCI Australia Index exit ** Hearing implants maker Cochlear COH.AX falls as much as 2.8% and diagnostics services provider Sonic Healthcare SHL.AX lose as much as 1.7%
** Both stocks to be removed from MSCI Australia Index, a benchmark index tracking large- and mid-cap Australian stocks, effective end of Aug 31
** COH last down 1.6%, on track for worst day since August 19; SHL down 1.4%, eyeing biggest one day fall in a week
** On YTD basis, COH and SHL down 48.7% and 12.6%, respectively, including moves in current session
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
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Brief: MSCI Says There Will Be 184 Additions To The MSCI ACWI IMI Index