(Bloomberg) -- Taiwan's shares rose the most in seven weeks after Inotera Memories Inc. and Wistron Corp. were among 12 local companies added to Morgan Stanley Capital International indexes. Mediatek Inc. rose to a record after Credit Suisse Group and Citigroup Inc. raised their price estimates for the stock.
Taiwan companies accounted for a fifth of the 60 additions to MSCI Barra's series of indexes announced yesterday, higher than any other country. Five local companies will be deleted, out of 64. More than $3 trillion in funds are benchmarked worldwide to the MSCI measures.
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