MSCI Temporarily Suspends Index Changes for Indonesian shares Due to Ownership Data Concerns
IDXChannel – Global index manager MSCI has temporarily suspended planned index changes involving Indonesian shares, citing concerns from global investors regarding the openness of share ownership data and overall market investability.
The decision, announced in an official statement regarding MSCI Global Standard Indexes on January 27, 2026, follows a consultation period regarding the “free float” assessment of Indonesian equities. https://www.msci.com/
During the consultation, while some market participants suggested utilizing the Monthly Holding Composition report from Indonesia Central Securities Depository (KSEI) as a supplementary data source, the majority of investors expressed notable reservations about the classification of shareholders within the KSEI data. Investors remain unconvinced that the data accurately reflects beneficial ownership.
Despite minor improvements in free float data provided by the Indonesia Stock Exchange (IDX),investors believe the underlying issues regarding data accuracy and transparency have not been adequately addressed. https://www.idx.co.id/en-us/
This suspension impacts potential inclusion or exclusion of Indonesian companies from key MSCI indexes, which could affect foreign investment flows. MSCI will continue to monitor the situation and reassess the data quality before reinstating planned index changes.
date:2026-01-28 00:39:00
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