Business · Markets · 1 hr ago
MSCI removes eight Indonesian stocks and downgrades Bumi Resources Minerals
MSCI’s November review removes eight Indonesian stocks from its global indexes.
Barito Pacific will leave the Global Standard index, while seven other companies will leave the Small Cap index.
Bumi Resources Minerals will move from Global Standard to Small Cap, rather than leave MSCI’s indexes.
The changes cover companies listed in Indonesia and form part of MSCI’s regular index reviews.
The changes take effect on 1 December 2026, and no Indonesian stocks will enter or leave the Micro Cap index.
MSCI’s next review results are due on 9 February 2027, with any changes scheduled to take effect on 1 March.
MSCI removed eight Indonesian stocks from its November 2026 index review.
Barito Pacific was removed from the MSCI Global Standard Indexes.
Bumi Resources Minerals was downgraded from the Global Standard Indexes to the Small Cap Indexes.
Seven other stocks were removed from the MSCI Small Cap Indexes.
The changes are scheduled to take effect at the end of November or on December 1, 2026, according to the reports.
- Who
- MSCI, the global index provider, announced the changes.
- What
- Eight Indonesian stocks were removed from MSCI indexes, and Bumi Resources Minerals was downgraded to the Small Cap Indexes.
- When
- The announcement was reported on November 12, 2026. The changes are scheduled to take effect at the end of November or on December 1.
- Where
- MSCI’s Global Standard and Small Cap Indexes.
- Why
- The changes followed MSCI’s November 2026 index review.
This story does not have two clearly opposing sides.
MSCI announced the results of its November index review.
The index changes are scheduled to take effect; Detik says after the November 30 close, while CNN Indonesia says December 1.
MSCI is scheduled to release the results of its next review.
The changes from the next review are scheduled to take effect.
- Stocks removed
- 8 Indonesian stocks
- Global Standard removal
- Barito Pacific (BRPT)
- Downgrade
- Bumi Resources Minerals (BRMS), from Global Standard to Small Cap
- Small Cap removals
- AVIA, CTRA, MTEL, EMTK, JSMR, RAJA and WIFI
- Micro Cap
- No Indonesian stocks entered or left the index in this review
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All changes will take effect as of the close of November 30, 2026