{
    "success": true,
    "data": {
        "id": 1736100,
        "msgid": "msci-removes-19-indonesian-stocks-foreign-funds-worth-rp-22-trillion-potentially-fleeing-bei-1778656131",
        "date": "2026-05-13 11:06:01",
        "title": "MSCI Removes 19 Indonesian Stocks, Foreign Funds Worth Rp 22 Trillion Potentially Fleeing BEI",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "Morgan Stanley Capital International (MSCI) has removed 19 Indonesian stocks from its global indices, potentially triggering a capital outflow of up to Rp 22 trillion from the Indonesia Stock Exchange (BEI) as passive fund managers adjust their portfolios. The changes, announced in the May 2026 review, include shifting AMRT to the Small Cap Index and deleting 13 stocks from the Small Cap Index, such as ANTM, AALI, and others, effective from 1 June 2026. This rebalancing is viewed as a negative sentiment for the Composite Stock Price Index (IHSG), reducing the attractiveness of these stocks to foreign investors.",
        "content": "<p>JAKARTA, KOMPAS.com - The decision by Morgan Stanley Capital\nInternational (MSCI) to remove 19 Indonesian stocks from its global\nindex could trigger an outflow of foreign funds or capital outflow from\nthe Indonesia Stock Exchange (BEI). The pressure is expected to come\nprimarily from global passive fund managers who use the MSCI index as a\nbenchmark for investments. MSCI officially announced the results of its\nperiodic review or index review for the May 2026 period on Wednesday\n(13\/5\/2026). This rebalancing\u2019s outcome surprised market participants as\nit was seen to deviate significantly from expectations. Although removed\nfrom the MSCI Global Standard Indexes, AMRT shares have been moved to\nthe MSCI Small Cap Indexes. In addition, MSCI has also deleted 13\nIndonesian stocks from the MSCI Small Cap Indexes, namely PT Aneka\nTambang Tbk (ANTM), PT Astra Agro Lestari Tbk (AALI), PT Bank Aladin\nSyariah Tbk (BANK), PT Bumi Serpong Damai Tbk (BSDE), PT Dharma Satya\nNusantara Tbk (DSNG), and PT Industri Jamu dan Farmasi Sido Muncul Tbk\n(SIDO). Then, PT Midi Utama Indonesia Tbk (MIDI), PT Mitra Keluarga\nKaryasehat Tbk (MIKA), PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM), PT\nPacific Strategic Financial Tbk (APIC), PT Sawit Sumbermas Sarana Tbk\n(SSMS), PT Triputra Agro Persada Tbk (TPAG), and PT MNC Digital\nEntertainment Tbk (MSIN). MSCI stated that all these changes will take\neffect after the close of trading on 29 May 2026 and become effective\nfrom 1 June 2026. The MSCI rebalancing results are also seen as negative\nsentiment for the IHSG because the deleted stocks could lose their\nappeal to foreign investors. \u201cIn my view, an outflow will certainly\noccur. Usually, if fund managers reference the MSCI standard, they will\nbe forced to sell those stocks to adjust to the latest index\ncomposition,\u201d said Nafan when contacted by Kompas.com on Wednesday\nmorning.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/msci-removes-19-indonesian-stocks-foreign-funds-worth-rp-22-trillion-potentially-fleeing-bei-1778656131",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}