Move affects 80 stocks that account for 18% of the JCI's weighting
The IDX's decision to exclude stocks with high shareholding concentrations from index calculations came after an online conference with global index provider MSCI on Monday afternoon. (Photo by Ken Kobayashi)
REZHA HADYAN
October 19, 2026 22:39 JST
JAKARTA -- The Indonesia Stock Exchange will exclude all stocks with high shareholding concentration (HSC) from its benchmark Jakarta Composite Index (JCI), as global index provider MSCI considers downgrading the country from emerging market to standalone market status.