{
  "id": 768351,
  "title": "MSCI drops battered GoTo from stock indexes",
  "url": "https://urgent.news/2026/08/13/msci-drops-battered-goto-from-stock-indexes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T13:00:31.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/business/2026/08/13/msci-drops-battered-goto-from-stock-indexes.html"
  },
  "original_language": "en",
  "account": "In a recent review by MSCI, Indonesian technology and ride-hailing firm GoTo will be removed from its MSCI Indonesia Investable Market Index. The decision stems from concerns over the company's low liquidity, as its shares trade at the minimum price on the Indonesia Stock Exchange since May 13, 2026. Additionally, PT Charoen Pokphand Indonesia, a poultry producer, will be downgraded from the MSCI Global Standard Index to the MSCI Global Small Cap Index. Nine other Indonesian companies, including Bank Jago, Bukalapak, and Medikaloka Hermina, will also be removed from the MSCI Global Small Cap Index. The changes, part of MSCI's August 2026 Index Review, will take effect from September 1, following the close of trading on August 31. The Indonesian market has been under scrutiny from MSCI since the start of the year due to concerns over market accessibility and transparency.",
  "summary": "MSCI’s move to remove and downgrade Indonesian stocks from its indexes may trigger outflows of Rp 500 billion to Rp 1 trillion, mainly affecting stocks directly impacted by the rebalancing.",
  "key_points": [
    "GoTo removed from MSCI Indonesia Investable Market Index due to low liquidity",
    "PT Charoen Pokphand Indonesia downgraded to MSCI Global Small Cap Index",
    "Nine Indonesian companies removed from MSCI Global Small Cap Index"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}