4 Indonesian Stocks Removed from FTSE Russell Index June 2026
FTSE Russell officially announced the removal of four Indonesian stocks from their global index in the June 2026 rebalancing. This decision impacts foreign fund flows and global institutional portfolio composition.
List of Removed Stocks
| Ticker | Issuer | Reason for Removal |
|---|---|---|
| DSSA | PT Dian Swastatika Sentosa Tbk | High Shareholding Concentration (HSC) Highly concentrated share ownership. FTSE will remove using a "zero price" mechanism. |
| DAAZ | PT DAAZ Lifestyle Tbk | Failed to meet minimum free float Free float below FTSE Russell minimum requirements. |
| HILL | PT Hillcon Tbk | Failed FISE screener criteria Failed to meet the Foreign Inclusion Screening Eligible (FISE) criteria. |
| MLIA | PT Mulia Industrindo Tbk | Failed FISE screener criteria Failed to meet the Foreign Inclusion Screening Eligible (FISE) criteria. |
Special Case: DSSA
Specifically for DSSA (Dian Swastatika Sentosa), FTSE will remove the stock using a "zero price" mechanism due to its high shareholding concentration. This means the stock will not be assigned any value in the index calculation, which could trigger sell-offs by fund managers replicating the FTSE index.
Market Impact
What Is FTSE Russell?
FTSE Russell is a global index provider owned by the London Stock Exchange Group (LSEG). Their indices are used by thousands of global fund managers as benchmarks for capital allocation. Inclusion in or removal from a FTSE index means automatic capital inflows or outflows into the respective stock.
The June 2026 rebalancing is part of FTSE Russell's periodic quarterly review to ensure the index composition accurately represents market conditions.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.