Inp.polri.go.id - Jakarta. Morgan Stanley Capital International (MSCI) has announced the removal of six major Indonesian stocks from its Global Standard Index as part of the May 2026 Index Review. 

The excluded firms are AMMN, BREN, TPIA, DSSA, CUAN, and AMRT. No new Indonesian stocks were added to the global standard category in this review, according to antaranews.com.

“The May 2026 MSCI rebalancing is below market expectations because the number of Indonesian stocks removed is higher than initial estimates,” said Ratna Lim, the Head of Research at Phintraco Sekuritas, noting noted that the changes could trigger passive outflows of approximately Rp 28 trillion to Rp 31 trillion.

The adjustments are scheduled to take effect after the close of trade on 29 May 2026. While AMRT was downgraded to the MSCI Small Cap Index, thirteen other Indonesian companies were removed from the Small Cap list entirely. Analysts warn this reduced representation may increase short-term volatility and impact the Jakarta Composite Index (IHSG).

(mg/inp/pr/rs)