Heading For New Highs? MICT Inc (NASDAQ:MICT) Included in the MSCI USA Index

MICT, Inc. (NASDAQ:MICT) stock continues to trade higher after gaining 5% in the previous trading session.

Market Action

As of 7:40, MICT stock is increases by 4 cents or 2% to trade at $1.97. So far more than 37.8K shares have exchanged hands.

MICT Added to the MSCI USA Index

  • MICT announced it has been added to the MSCI USA Micro Cap Index effective as of the close of market today.
  • MICT has been selected for inclusion as a constituent stock of the MSCI USA Micro Cap Index, which measures the performance of the microcap segment of the USA equity market.

“Our addition to the MSCI Index enhances the Company’s reputation amongst institutional investors. The Index is widely recognized as a benchmark for global institutional investors to optimize their investment portfolios,” said Darren Mercer, MICT’s CEO. “MSCI’s selection of MICT, following a detailed screening process, is a credit to what we have achieved in a short space of time, since transitioning into the fintech sector in September 2020.”

About MICT

MICT, Inc. (NasdaqCM: MICT) operates through its subsidiaries, GFH Intermediate Holdings Ltd. (“GFHI”) and Micronet Ltd. (“Micronet”). GFHI’s versatile proprietary trading technology platform is designed to serve a large number of high growth sectors in the global fintech space.

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