DSSA, DAAZ, HILL & MLIA to Exit FTSE Russell Index in June 2026, Key Notes for Investors

FTSE Russell has announced the results of its FTSE GEIS June 2026 Quarterly Review. DSSA, DAAZ, HILL, and MLIA will be removed from the FTSE global index effective 22 June 2026. Bareksa reports that FTSE Russell officially announced the FTSE Global Equity Index Series (GEIS) June 2026 Quarterly Review results on 22 May 2026. During this periodic review, several Indonesian stocks underwent composition changes, including four that were excluded from the FTSE global index. According to the official GEIS Quarterly Changes June 2026 document, the changes will take effect from Monday, 22 June 2026, following the close of trading on Friday, 19 June 2026. The four Indonesian stocks exiting the FTSE GEIS index are DSSA, DAAZ, HILL, and MLIA. FTSE Russell has previously paid particular attention to Indonesia’s equity market, especially regarding high shareholding concentration and public free float issues. In previous policy documents, FTSE Russell delayed implementing certain index changes for Indonesian stocks since February 2026 while awaiting capital market reforms by the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI). The FTSE GEIS review is closely monitored by market participants as the index serves as a benchmark for global investment managers, pension funds, and international ETFs in determining allocations to emerging markets, including Indonesia. Changes in a stock’s index status typically affect: - trading liquidity, - passive foreign fund flows, - global visibility of issuers, - and short-term sentiment towards the affected shares. FTSE Russell also stated that the review results may still be revised until the close of trading on 5 June 2026. Changes will be finalised from 8 June 2026 unless exceptional circumstances arise under FTSE Russell’s recalculation policy. Key Notes for Investors Source: FTSE, compiled Conclusion The FTSE GEIS June 2026 Quarterly Review results indicate FTSE Russell continues to monitor Indonesia’s free float quality and shareholding structure. The removal of DSSA, DAAZ, HILL, and MLIA from the global index may impact short-term sentiment and foreign fund flows for the affected stocks. FAQ 1. What is FTSE GEIS? FTSE Global Equity Index Series (GEIS) is a global stock index managed by FTSE Russell, used as a benchmark by international institutional investors. 2. When do the index changes take effect? The changes will take effect from 22 June 2026 after the close of trading on 19 June 2026. 3. Why do stocks get removed from the FTSE index? Typically due to factors such as free float, liquidity, market capitalisation, or FTSE Russell’s index methodology screening. 4. Does a stock’s removal automatically mean it is poor? Not necessarily. However, exclusion from global indices can affect passive fund flows and short-term market sentiment. 5. Can the review results still change? Yes. FTSE Russell states that revisions are possible until 5 June 2026 before finalisation on 8 June 2026.