{
    "success": true,
    "data": {
        "id": 1737309,
        "msgid": "ojk-stocks-removed-from-msci-not-exclusive-to-indonesia-1778680453",
        "date": "2026-05-13 17:33:37",
        "title": "OJK: Stocks Removed from MSCI Not Exclusive to Indonesia",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "The Financial Services Authority (OJK) has stated that the removal of several stocks from the Morgan Stanley Capital International (MSCI) index during its recent rebalancing is a widespread phenomenon across the Asia-Pacific region, affecting markets in countries like Japan, Taiwan, Malaysia, South Korea, and China. OJK Chair Friderica Widyasari Dewi emphasised that this reflects global portfolio adjustments rather than Indonesia-specific issues, while underscoring the need to enhance the quality and depth of Indonesia's capital market through improved liquidity, free float, and governance. Despite short-term volatility, OJK remains committed to fostering a resilient, transparent, and credible market for both domestic and global investors.",
        "content": "<p>The Financial Services Authority (OJK) has stated that the\nannouncement of the Morgan Stanley Capital International (MSCI) index\nrebalancing, which removed several stocks, is not unique to issuers in\nIndonesia\u2019s capital market. Several other countries have experienced\nsimilar occurrences.<\/p>\n<p>OJK Commissioner Chair Friderica Widyasari Dewi explained that\nchanges in the MSCI index composition are part of a periodic review\nmechanism based on objective parameters, such as market capitalisation,\nfree float, liquidity, and share price dynamics.<\/p>\n<p>\u201cThis phenomenon is not only occurring in Indonesia but in almost all\nAsia-Pacific markets in this review,\u201d said Kiki in her statement on\nWednesday (13\/5\/2026).<\/p>\n<p>Friderica, commonly known as Kiki, cited examples from countries\nincluding Japan, Taiwan, Malaysia, South Korea, and China. The number of\nissuers removed from the MSCI Global Index in those countries is also\nconsiderable.<\/p>\n<p>\u201cIn the MSCI Global Standard Index, Japan saw 14 issuers removed,\nTaiwan seven, Malaysia six, South Korea three, and even China, despite\nadding 22 issuers, had 24 removed. This reflects global portfolio\nallocation adjustments and broad market dynamics in the region, not\nmerely Indonesia-specific issues,\u201d she stated.<\/p>\n<p>Nevertheless, Kiki emphasised that OJK views this as an important\nreminder to continue strengthening the quality and depth of Indonesia\u2019s\ncapital market. OJK, along with all stakeholders, will continue to\npromote market integrity, increase free float and liquidity, expand the\ninvestor base, and strengthen issuer governance to enhance the\ncompetitiveness and sustainability of Indonesia\u2019s capital market.<\/p>\n<p>\u201cThe fundamentals of Indonesia\u2019s financial services sector remain\nresilient and stable. Short-term volatility or global index changes do\nnot alter our commitment to building a healthy, transparent, and\ncredible market for domestic and global investors,\u201d she said.<\/p>\n<p>It is known that the global index provider, Morgan Stanley Capital\nInternational (MSCI), announced the results of the review of Indonesia\u2019s\nmarket index in the MSCI May 2026 Index Review.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-stocks-removed-from-msci-not-exclusive-to-indonesia-1778680453",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}