Indonesia to exclude highly concentrated-ownership stocks from Jakarta's stock indices
19/10/2026 11:04
Indonesia to exclude highly concentrated-ownership stocks from Jakarta's stock indices JAKARTA, Oct 19 (Reuters) - The Indonesia Stock Exchange plans to exclude stocks with a large proportion of shares held by a small number of investors from several of its indices, including the benchmark Jakarta Composite Index, the exchange's chief executive said on Monday..
CEO Jeffrey Hendrik said the planned move is part of its capital market reforms, amid concerns Indonesia could be stripped of its emerging market status by index provider MSCI.
(Reporting by Stefanno Sulaiman
Writing by Fransiska Nangoy
Editing by Louise Heavens)
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