MARKETS SPECTATOR: News Corp exclusion

News Corporation's demerger may see all but one of its companies miss out on a spot in the coveted S&P/ASX50 Index.

News Corporation’s demerger may result in only one of Rupert Murdoch’s companies making it into the coveted S&P/ASX50 Index - the index of the biggest stocks traded on the ASX, according to Morgan Stanley.

Morgan Stanley analyst, Antony Conte values Fox at $8.77 billion making it a member of the S&P/ASX50 Index and other indices. He ascribes a market value to News Corp of between $1.19 billion and $1.26 billion.


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