{
    "success": true,
    "data": {
        "id": 1759362,
        "msgid": "ftse-russell-tightens-indonesian-stock-selection-as-dssa-daaz-hill-and-mlia-exit-1779531653",
        "date": "2026-05-23 11:26:43",
        "title": "FTSE Russell Tightens Indonesian Stock Selection as DSSA, DAAZ, HILL and MLIA Exit",
        "author": "Nur Jamal Shaid",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Investment",
        "summary": "FTSE Russell's May 2026 quarterly review removes four Indonesian stocks from its index groups, with DSSA the largest casualty. The changes, implemented through the 19 June 2026 rebalancing and taking effect from 22 June 2026, reflect concerns over shareholding concentration, free float, and BEI surveillance status.",
        "content": "<p>Jakarta \u2013 The screening standards for Indonesian stocks in global\nindices are getting stricter. FTSE Russell, the global stock index\nprovider owned by the London Stock Exchange Group (LSEG), has again\nexpelled several domestic issuers in its May 2026 quarterly review. In\nthe latest evaluation, FTSE Russell removed four Indonesian stocks from\nits index groups. The changes will be implemented through the\nrebalancing on 19 June 2026 and will take effect from 22 June 2026. PT\nDian Swastatika Sentosa Tbk (DSSA) was the largest name affected. The\nSinar Mas Group company was removed from the FTSE Large Cap group.\n\u201cFailed High Shareholding Concentration,\u201d according to FTSE Russell in\nits June 2026 Quarterly Review announcement. DSSA operates in mining,\nrenewable energy and power, technology, and chemicals. In addition to\nDSSA, FTSE Russell also removed PT Daaz Bara Lestari Tbk (DAAZ) from the\nmicro cap group. The coal and nickel trading company was deemed not to\nsatisfy the minimum free float requirement. \u201cFailed Minimum Free Float\nRequirement,\u201d wrote FTSE Russell. FTSE Russell also removed PT Hillcon\nTbk (HILL) and PT Mulia Industrindo Tbk (MLIA) from the index. HILL is a\nparent company and contractor in nickel and coal mining. MLIA is\ninvolved in manufacturing, trading, and distribution of industrial glass\nproducts. Both issuers were excluded because they were on the Indonesia\nStock Exchange (BEI) surveillance stocks screen. FTSE Russell said\nstocks under stock exchange surveillance do not meet the eligibility\nstandards to remain in the global index. \u201cFailed Surveillance Stocks\nScreen,\u201d according to FTSE Russell.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ftse-russell-tightens-indonesian-stock-selection-as-dssa-daaz-hill-and-mlia-exit-1779531653",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}