Rebalancing of IDX Indices: CUAN and WIFI Enter LQ45, BREN and DSSA Exit

JAKARTA, KOMPAS.com - PT Bursa Efek Indonesia (IDX) is undertaking a major overhaul of the composition of several major stock indices for the period from 4 May to 31 July 2026. Several new shares are entering the ranks of prestigious indices such as LQ45, while some big names must exit amid tighter liquidity and free float criteria. From the stock exchange authority’s announcement, the most striking changes are occurring in the LQ45 index. IDX is adding five new shares: PT Petrindo Jaya Kreasi Tbk (CUAN), PT Darma Henwa Tbk (DEWA), PT ESSA Industries Indonesia Tbk (ESSA), PT Hartadinata Abadi Tbk (HRTA), and PT Solusi Sinergi Digital Tbk (WIFI). The inclusion of CUAN adds to the list of issuers owned by conglomerate Prajogo Pangestu in that liquid index. Meanwhile, WIFI, affiliated with Hashim Djojohadikusumo, is also officially becoming a new occupant of LQ45. On the other hand, several shares must leave this index, including PT Barito Renewables Energy Tbk (BREN), PT Ciputra Development Tbk (CTRA), PT Dian Swastatika Sentosa Tbk (DSSA), PT Medikaloka Hermina Tbk (HEAL), and PT Trimegah Bangun Persada Tbk (NCKL). In the IDX80 index, IDX is adding five new shares: PT Sentul City Tbk (BKSL), PT Bangun Kosambi Sukses Tbk (CBDK), DEWA, PT Gudang Garam Tbk (GGRM), and PT Chandra Asri Pacific Tbk (TPIA). Those exiting include PT Bank BTPN Syariah Tbk (BTPS), PT Dayamitra Telekomunikasi Tbk (MTEL), BREN, DSSA, and NCKL. The Bisnis-27 index is also undergoing changes with the entry of shares such as PT AKR Corporindo Tbk (AKRA) and PT Bumi Resources Minerals Tbk (BRMS), along with several others. Meanwhile, shares like ADMR and PT Barito Pacific Tbk (BRPT) must exit that index. In the MNC36 index, two mining shares, PT Bumi Resources Tbk (BUMI) and PT Bukit Asam Tbk (PTBA), are becoming new occupants. Meanwhile, BRPT, CTRA, and HEAL are exiting the list. In addition, changes are occurring in other sectoral and thematic indices such as SMINFRA18 and IDXESGL, which are also adjusting their share compositions according to IDX’s latest criteria. Furthermore, the minimum free float limit is now increased to at least 10% or following the provisions of Regulation I-A. IDX is also relaxing suspension rules, from previously requiring shares to be actively traded for the last six months to a tolerance of a maximum of one day without transaction in that period.