MSCI Removes GoTo, Charoen Pokphand from Global Standard Indexes
Jakarta. MSCI Inc. announced on Wednesday that Indonesian technology company GoTo Gojek Tokopedia and poultry and agribusiness giant Charoen Pokphand Indonesia will be removed from its Global Standard Indexes as part of its latest index review.
Charoen Pokphand will instead be included in the MSCI Global Small Cap Indexes, while GoTo was not listed among the Indonesian additions to the small-cap category.
The constituent changes will take effect after the close of trading on Aug. 31, 2026, MSCI said in a statement.
The review also resulted in nine Indonesian companies being removed from the MSCI Global Small Cap Indexes:
- Bank Jago
- Bukalapak.com
- Essa Industries Indonesia
- MD Entertainment
- Medikaloka Hermina
- MNC Tourism Indonesia
- Raharja Energi Cepu
- Semen Indonesia
- Transcoal Pacific
Globally, MSCI will add 55 securities to and remove 92 from its Standard Indexes as part of the review.
The three largest additions to the MSCI World Index by full company market capitalization are SanDisk, Carpenter Technology and ATI, all from the United States.
Meanwhile, the three largest additions to the MSCI Emerging Markets Index are China's Z.AI Co H, Taiwan's Nanya Technology, and China's Guangdong Dtech Technology A, according to MSCI.
The broader MSCI ACWI Small Cap Index will see 203 securities added and 261 removed.
MSCI indexes are widely tracked by international institutional investors and investment funds, meaning changes in their constituents can influence demand for affected shares as index-tracking portfolios adjust their holdings.
Tags: Keywords:
as a preferred
Related Articles
GoTo Shares Sink Nearly 90% From IPO Price as Selloff Intensifies
GoTo shares plunged to Rp37 after the IDX removed the Rp50 minimum price, extending a selloff that has erased nearly 90% of its IPO price.
How Low Can They Go? GoTo, MNC Group Shares Fall Below Rp50
Indonesian stocks fell as the IDX cut its minimum share price to Rp1 from Rp50, with several low-priced stocks plunging 14%.
GoTo Calls MSCI Removal ‘Unwelcome News,’ Points to Solid Earnings
GoTo called its MSCI removal “unwelcome news” for shareholders but said the decision did not reflect its improving financial performance.
MSCI Removes GoTo, Charoen Pokphand from Global Standard Indexes
MSCI will remove GoTo and Charoen Pokphand from its Global Standard Indexes, with the changes taking effect after Aug. 31 trading.
GoTo Says TikTok Shop-Tokopedia Layoffs Won't Materially Affect Earnings
GoTo said TikTok Shop-Tokopedia's reported layoffs won't materially affect earnings or its 24.99% stake.
Gojek to Cut Ride-Hailing Commission to 8% Starting July 1
Gojek will cut commissions to 8% from July, allowing drivers to retain 92% of fares under new rules.
GoTo Adjusts Business Model After Indonesia Caps App Commissions
GoTo backed Indonesia’s new rule requiring ride-hailing apps to give drivers at least 92% of fares earned.
GoTo Falls Nearly 6% After Indonesia Moves to Limit Ride-Hailing Commissions
GoTo shares fall after Indonesia caps ride-hailing commissions, raising concerns over margins despite the firm’s first-ever profit.
GoTo, Grab Review Indonesia’s New Rule Raising Driver Pay Share
GoTo and Grab review Indonesia’s new rule raising driver pay to 92%, as firms assess impact on costs, pricing and industry sustainability.
GoTo Posts First Net Profit, Holds Guidance on Macro Concerns
GoTo posts its first net profit on strong lending growth, but keep its outlook unchanged as fuel price risks and weak demand cloud prospectsThe Latest
Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital
Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.
Jakarta Expands Flood Prevention With New Water Storage Ponds
Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.
Press Council Highlights AI Ethics at United Tractors Journalist Workshop
United Tractors’ 2026 journalist workshop highlights ethical AI use and the importance of trust and credibility in journalism.Most Popular
