Six Stocks Removed from MSCI, IHSG Closes in the Red
REPUBLIKA.CO.ID, JAKARTA – PT Indonesia Stock Exchange (IDX) recorded that the stock market performance for the period of 11-13 May 2026 closed in the negative zone. The Jakarta Composite Index (IHSG) was recorded to have weakened by 3.5 percent to the level of 6,723.
“The weakening occurred in the IHSG movement during the week by 3.53 percent, so it closed at the level of 6,723.320 from the position of 6,936.396 in the previous week,” IDX said in an official statement, quoted on Friday (15/5/2026).
In addition, the IDX market capitalization also experienced a decrease of 4.68 percent to IDR 11,825 trillion from IDR 12,406 trillion in the previous week. The average daily transaction frequency this week also experienced a decrease of 0.56 percent to 2.53 million transactions from 2.55 million transactions in the previous week.
Furthermore, the average daily transaction value this week experienced a decrease of 18.78 percent to IDR 18.82 trillion from IDR 23.05 trillion in the previous week. The average daily transaction volume of the IDX for the period of 11-13 May 2026 also experienced a decrease of 22.01 percent to 35.76 billion shares from 45.86 billion shares in the previous week.
Meanwhile, foreign investors at the end of this week recorded net sales of IDR 1.531 trillion. Throughout 2026, foreign investors recorded net sales of IDR 40.823 trillion.
Previously, the global index provider Morgan Stanley Capital International (MSCI) on May 12, 2026, New York time or May 13, 2026, Indonesia time, announced the results of the review of the Indonesian market index in the MSCI May 2026 Index Review.
In the MSCI index rebalancing announcement, six Indonesian stocks were officially removed from the MSCI Global Standard Index. The six stocks are PT Amman Mineral Internasional Tbk (AMMN), PT Barito Renewables Energy Tbk (BREN), PT Chandra Asri Pacific Tbk (TPIA), PT Dian Swastatika Sentosa Tbk (DSSA), PT Petrindo Jaya Kreasi Tbk (CUAN), and PT Sumber Alfaria Trijaya Tbk (AMRT).
MSCI also removed a number of stocks from the MSCI Global Small Cap Index. The stocks are PT Aneka Tambang Tbk (ANTM), PT Astra Agro Lestari Tbk (AALI), PT Bank Aladin Syariah Tbk (BANK), PT Bumi Serpong Damai Tbk (BSDE), PT Dharma Satya Nusantara Tbk (DSNG), PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), PT Midi Utama Indonesia Tbk (MIDI), PT Mitra Keluarga Karyasehat Tbk (MIKA), PT MNC Digital Entertainment Tbk (MSIN), PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM), PT Pacific Strategic Financial Tbk (APIC), PT Sawit Sumbermas Sarana Tbk (SSMS), and PT Triputra Agro Persada Tbk (TAPG).
After the announcement of the MSCI index rebalancing, the IHSG turned red. It was recorded that the IHSG opened lower on Wednesday morning by 94.96 points or about 1.38 percent to the level of 6,763.94, then closed at around 6,723.