BEI's Proposals to MSCI and FTSE Expected to Yield Positive Results

Thu, 26 Feb 2026, 03:22 WIB | By Andhika | Source: MEDIA_INDONESIA | Finance

The Director of Mandiri Sekuritas, Oki Ramadhana, stated his optimism regarding the proposals submitted by the Indonesia Stock Exchange (BEI) to MSCI and FTSE. He believes that these proposals will yield positive results for the national capital market.

“I am not considering the worst-case scenario, as I am confident that the Indonesian capital market will continue to grow,” said Oki during a gathering and iftar event held by Mandiri Sekuritas in Jakarta on Wednesday (February 25).

He also projected that the Composite Stock Price Index (IHSG) will soon return to the psychological level of 9,000. At the close of trading on Wednesday afternoon, the IHSG rose 41.40 points, or 0.50 percent, to 8,322.23. According to Oki, with the continued solid economic fundamentals, there is no strong reason for the Indonesian capital market not to continue its upward trend.

He assessed that the prospects for national economic growth and macroeconomic stability remain intact, supported by the strong performance of the majority of listed companies, especially when looking at the financial statements of the 100 largest companies on the Indonesia Stock Exchange.

Meanwhile, the Acting Director of BEI, Jeffrey Hendrik, revealed that one of the aspects currently in the final stages of discussion with MSCI and FTSE is the improvement of transparency, particularly regarding the disclosure of shareholders with ownership exceeding 1% and the provision of more detailed investor data.

BEI also confirmed that the drafting of regulations regarding the minimum free float requirement of 15% has been completed as of February 19, 2026. Currently, the exchange is undergoing internal processes before the final draft of the regulations is submitted to the Financial Services Authority (OJK).

Regarding the publication of the list of share ownership concentration, BEI stated that its preparation is being carried out accountably with methodologies and standard operating procedures that are currently in the finalization stage. (Ant/E-3)

The IHSG today (February 23, 2026) jumped 1.50% to 8,396.08. See the analysis of the impact of the cancellation of Donald Trump’s tariffs by the US Supreme Court on the Indonesian capital market.

BEI accelerates proposals to MSCI & FTSE. The 15% free float rule enters the final stage at OJK, while the list of concentrated shareholders will be released soon.

The IHSG today (February 20, 2026) closed lower at 8,271.77. See the analysis of the impact of US-Iran tensions in the Middle East on the Indonesian capital market.

The IHSG closed down 0.44% to 8,274.08 today. The technology sector fell the most as BI held its benchmark interest rate at 4.75%. Check out the market details here.

This step is part of a broad reform agenda to ensure a more credible, adaptive, and competitive market ecosystem at the international level.

BEI accelerates proposals to MSCI & FTSE. The 15% free float rule enters the final stage at OJK, while the list of concentrated shareholders will be released soon.

BUMI in early 2026 is crucial, CIC is only 2.81% after divestment, free float of 41.31% boosts liquidity. Target 330-344, stop loss 250; key volume. Watch out for MSCI corrections!!

LPPI economist Ryan Kiryanto predicts that Bank Indonesia will maintain the BI Rate at 4.75% amid inflation above 3% and the weakening of the rupiah to Rp16,884 per US dollar.

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, claimed that the national financial market conditions are gradually stabilizing after experiencing some pressure.

Based on the official announcement by MSCI on February 10, 2026, here are the details of the changes in Indonesian shares in various index categories.

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