FTSE Excludes DSSA and HILL from Index Effective 22 June 2026
Jakarta, CNBC Indonesia — FTSE Russell has announced the results of its quarterly review for the FTSE Global Equity Index Series (GEIS) June 2026 edition. Four Indonesian stocks have been removed from the index with no new additions. The changes will take effect from Monday, 22 June 2026, after the close of trading on Friday, 19 June 2026.
According to FTSE Russell’s announcement, PT Dian Swastatika Sentosa Tbk (DSSA) has been excluded from the Large Cap category, while there were no changes in the Mid Cap or Small Cap categories. The company was removed due to being classified under high shareholding concentration (HSC).
In the Micro Cap category, three companies were removed: PT Diastika Biotekindo Tbk (DAAZ), PT Hillcon Tbk (HILL), and PT Mulia Industrindo Tbk (MLIA).
FTSE Russell stated that the review results may still be revised until the market close on 5 June 2026. After 8 June 2026, the decision will be final, with further changes only made under exceptional circumstances per FTSE’s recalculation policy.
The firm also reiterated that if a company is subject to warnings from exchange and financial authorities regarding concentrated shareholding—where shares are controlled by a small group—the stock will be removed in the next review.
‘To ensure index integrity and replicability, FTSE Russell will remove securities affected by zero pricing in the June 2026 review, effective from market open on Monday, 22 June 2026,’ the official announcement stated.
This ‘zero price’ policy is typically applied to bankrupt companies still listed or stocks that have been suspended for long periods or affected by sanctions, making them difficult to trade.