The benchmark indexes removed PT Dian Swastatika Sentosa from its large-cap index and dropped PT Daaz Bara Lestari, PT Hillcon and PT Mulia Industrindo from the small-cap index.
Momentous shot: A group of visitors takes a picture on Jan. 29, 2026 in front of a stock ticker display at the Indonesia Stock Exchange (IDX) in South Jakarta. (AFP/Yasuyoshi Chiba)
Global index provider FTSE Russell has removed four Indonesian stocks from its FTSE Global Equity Index Series (GEIS) in the latest setback for Southeast Asia’s largest economy, amid concerns over stock ownership concentration and market quality.The move, announced in the firm’s June 2026 quarterly review released on Saturday, follows a broader reassessment of Indonesian equities after regulators intensified scrutiny over share ownership transparency and unusual trading activities.
The index changes are scheduled to be implemented after the market closes on June 19 and take effect on June 22.
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