{
    "success": true,
    "data": {
        "id": 1741639,
        "msgid": "following-msci-ftse-russell-to-remove-indonesian-stocks-with-high-shareholding-concentration-1780583719",
        "date": "2026-05-15 19:32:02",
        "title": "Following MSCI, FTSE Russell to Remove Indonesian Stocks with High Shareholding Concentration",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "FTSE Russell, a global index provider, will remove Indonesian stocks with high shareholding concentration (HSC) from its index during the June 2026 index review. This decision follows an evaluation of the Indonesian capital market and comes after MSCI took a similar action, despite FTSE Russell acknowledging the reform agenda implemented by Indonesian authorities.",
        "content": "<p>JAKARTA, KOMPAS.com - Global index provider FTSE Russell will remove\nIndonesian stocks listed as having high shareholding concentration (HSC)\nfrom its index. The removal will take place during the June 2026 index\nreview. This decision was made after FTSE Russell evaluated the\ndevelopment of the Indonesian capital market since February 2026. FTSE\nRussell is a global index provider, and its indices serve as a benchmark\nfor global institutional investors. FTSE Russell appreciates the reform\nagenda being implemented by the Indonesian stock exchange authorities.\nHowever, the company has decided to adopt a conservative approach in\ndetermining the composition of its index. \u201cFTSE Russell will remove\naffected (HSC) securities with a zero price during the June 2026 review,\nwhich will take effect at the opening of trading on Monday, June 22,\n2026,\u201d FTSE said in a statement on Wednesday (May 13, 2026). FTSE\nRussell has received feedback regarding the liquidity risk of stocks\nsubject to HSC warnings. The liquidity of these stocks is expected to\ndecline sharply, which could make it difficult for passive investors to\nexit these stocks in a reasonable manner. FTSE Russell has also decided\nto continue suspending the addition of new members and the increase in\nfree float weight for Indonesian issuers. This policy will be in effect\nuntil the September 2026 index review. This suspension includes delaying\nthe inclusion of issuers from initial public offerings (IPOs). This\npolicy also applies to issuers that should undergo a ranking upgrade\nbased on market capitalization. \u201cFTSE Russell will continue to postpone\nthe full index re-ranking, free float increase, and addition of new\nissuers until at least the September 2026 index review, in order to\nprovide a longer monitoring period,\u201d the statement continued. FTSE\nRussell stated that it will continue to monitor the effectiveness of the\ntransparency reforms implemented by Indonesian authorities. This\nmonitoring will serve as a basis before FTSE Russell fully restores the\nindex ranking process.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/following-msci-ftse-russell-to-remove-indonesian-stocks-with-high-shareholding-concentration-1780583719",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}