IDX Adjusts IHSG Evaluation Criteria, Effective November 2, 2026
The Indonesia Stock Exchange (IDX) has adjusted the evaluation criteria for the Jakarta Composite Index (IHSG) to ensure that the index better reflects market dynamics.
The adjustment refers to IDX Announcement No. Peng-00148/BEI.POP/05-2021 dated May 31, 2021, concerning the Implementation of Free Float in Index Calculation, as well as the Joint Decree of the Boards of Directors of IDX and PT Kustodian Sentral Efek Indonesia (KSEI) No. Kep-00047/BEI/03-2026 and KEP-0024/DIR/KSEI/0426 concerning the Determination of High Shareholding Concentration in Listed Companies.
The changes to the IHSG evaluation criteria cover stock selection criteria, evaluation periods, effective dates, and ad hoc evaluations. Meanwhile, the index calculation method remains Capped Free Float Adjusted Market Capitalization Weighted, with a cap of 9%.
The following table compares the IHSG evaluation criteria before and after the adjustment:
The IHSG evaluation criteria will take effect on November 2, 2026.
Investors are advised to take note of these changes as part of their understanding of the IHSG evaluation process.
For further information, please contact NH Korindo Sekuritas Indonesia Customer Service.
