The IDX plans to launch 2 new benchmark indices in August 2020. The first index will be called IDX Quality 30 that will be composed of stocks from companies with strong fundamentals. Some of the indicators that will be used are: profitability such as Return on Equity (ROE), and capital structure such as Debt to Equity Ratio (DER).
Furthermore, IDX will also release a new index with a green investment theme. This index will consist of stocks which fulfil the Environmental, Social, and Governance criteria. As for companies that will be included the index, they will be screened from members of an existing index, the IDX80.
Reference:
https://investasi.kontan.co.id/news/bei-akan-meluncurkan-indeks-saham-baru-di-bulan-agustus
