Indonesian Political, Business & Finance News

Telkom at MSCI Index

Telkom at MSCI Index

LONDON (Reuter): Morgan Stanley Capital International is to add PT Telekomunikasi Indonesia (PT Telkom) to its MSCI Indonesia Index at the close of trade in Indonesia on Dec. 1.

MSCI said in a statement that Telkom would replace PT Indosat "in order to avoid overweighting the Telecommunications Indonesian Industry Sector."

Telkom started trading in Jakarta, Surabaya on Nov. 14 and its American Depositary Shares (ADS) are listed in London and New York.

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