OJK Deems IHSG Correction After MSCI Rebalancing as Reasonable, No Shares Hit ARB

JAKARTA, KOMPAS.com - The Financial Services Authority (OJK) considers the weakening of the Composite Stock Price Index (IHSG) following the Morgan Stanley Capital International (MSCI) global index rebalancing to still be within reasonable limits. The IHSG closed the first trading session on Wednesday (13/5/2026) down 124.36 points or 1.81 percent to the level of 6,734.537. Pressure occurred from the start of trading. The IHSG opened at 6,763.945 and briefly touched a high of 6,787.345 before dropping to a low of 6,726.575. Nevertheless, trading activity is considered normal and controlled. “Today, if we observe up to 10:00, it was confirmed there was an index decline, but with activity levels that we assess as still within reasonable bounds,” said Hasan during a press conference at the Indonesia Stock Exchange (BEI) building on Wednesday (13/5/2026). Hasan assured that no shares affected by the MSCI rebalancing experienced automatic rejection at the lower limit (ARB). “And as a consequence of the reaction from the rebalancing. If we look at the affected shares, none of them experienced, for example, an automatic rejection at the lower limit,” he said. Shares of PT Barito Renewables Energy Tbk (BREN), PT Chandra Asri Pacific Tbk (TPIA), PT Dian Swastatika Sentosa Tbk (DSSA), and PT Petrindo Jaya Kreasi Tbk (CUAN) weakened close to 10 percent. MSCI had previously announced the results of the periodic review or index review for the May 2026 period.