Indonesia Stock Index Aims for Greater 'Honesty' by Excluding Concentrated Holdings
Economy

Indonesia Stock Index Aims for Greater 'Honesty' by Excluding Concentrated Holdings

Indonesia Stock Exchange (BEI) has decided to exclude 80 stocks with high concentration and low free float from the Composite Stock Price Index (IHSG). This move is expected to make the IHSG a more honest reflection of stocks available for public trading, enhancing market credibility. The decision also addresses concerns about a potential downgrade by MSCI from Emerging Market status.

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