Email of the day on MSCI Index open, high, low, close prices
Apologies for having to email about the MSCI Asia Pacific ex Japan charting issue again.
Just to find out if there is any indication as to when the longstanding problem with this specific chart can be resolved? It’s quite hard to do technical analysis on a candle chart which isn't complete.
I’ve been in discussions with MSCI about securing open, high, low, close prices for the 26 MSCI indices we have in the library for much of the last two months.. They apparently changed strategies in February and now require clients to have a subscription with them before they will agree to permission for any form of data beyond closing prices. Although they dropped their initial price from $80,000 to $15,000 that quite frankly still represents a ridiculous price. We will be changing the default of the MSCI indices so that they default to line charts.
I will endeavour to find Bloomberg index charts to replace any that may be of particular interest to subscribers. Generally speaking MSCI indices are market cap weighted so it is not especially difficult to replicate their performance. For example, the Bloomberg Asia Pacific Developed Ex-Japan Index has a very similar pattern to the MSCI Asia Pacific ex-Japan Index. I realise this is cold comfort if your specific benchmark is an MSCI index.