JAKARTA \u2014 The Indonesia Stock Exchange (IDX) has launched a new\nindex, the IDX Commodity 20 (IDXCMDTY20), which began being calculated\nand distributed on Friday (30 October 2026). The index can serve as a\nbenchmark for investors and investment managers developing\ncommodity-based investment strategies.<\/p>\n
\u201cThe IDX Commodity 20 Index measures the price performance of 20\nlisted companies engaged in commodity production or operating in\ncommodity industry supply chains. It covers energy, metals and minerals,\nchemicals, forestry, agriculture and plantations, livestock, as well as\nindustries supporting commodity supply chains and downstream processing.\nShares are selected for the index on the basis of high trading liquidity\nand free-float market capitalisation,\u201d the IDX said in an official\nstatement on Friday (30 October 2026).<\/p>\n
The IDX said that to qualify for inclusion in the index, shares must\nhave been listed on the exchange for at least six months and actively\ntraded during the previous six months. They must also fall within the\ncommodity-based industry classifications under the IDX Industrial\nClassification (IDXIC).<\/p>\n
\u201cShares on the High Shareholding Concentration (HSC) list, carrying a\nspecial notation or included on the Special Monitoring Board during the\nprevious six months do not meet the initial screening criteria,\u201d it\nsaid.<\/p>\n
From the shares that meet these requirements, the IDX selects the top\n20 based on three factors: transaction value on the regular market over\nthe previous six months, regular-market transaction frequency over the\nprevious six months, and free-float market capitalisation over the same\nperiod.<\/p>\n
The IDX Commodity 20 uses the Capped Adjusted Free Float Market\nCapitalisation Weighted method, which weights shares according to market\ncapitalisation adjusted for the free-float ratio. To prevent any one\nshare from dominating the index, the IDX has set a maximum weighting of\n15 per cent for each share.<\/p>\n
Weightings are adjusted during index reviews. The IDX Commodity 20\nhas been calculated retrospectively from its base date of 1 September\n2021, with an initial value of 100.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/idx-launches-idx-commodity-20-index-as-a-benchmark-for-commodity-stocks-1793364740", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }