FINWIRES · TerminalLIVE
FINWIRES

MSCI Purges Six Indonesian Firms from Standard Index; No New Additions

By

MSCI revised its standard index through the removal of six Indonesian stocks without adding any new constituents, according to a list posted by MSCI Tuesday.

The removed stocks comprise Amman Mineral Internasional (IDX:AMMN), Barito Renewables Energy (IDX:BREN), Chandra Asri Pacific (IDX:TPIA), Dian Swastatika Sentosa (IDX:DSSA), Petrindo Jaya Kreasi (IDX:CUAN), and Sumber Alfaria Trijaya (IDX:AMRT).

MSCI added Sumber Alfaria Trijaya to its Indonesia Small Cap Index, while 13 Indonesian stocks were removed, according to a separate list posted on the MSCI site.

The MSCI Indonesia Micro Cap Index remained unchanged.

Related Articles

Asia

Electronics Mart India Starts Commercial Operations of New Multi-Brand Store in Andhra Pradesh

Electronics Mart India (NSE:EMIL, BOM:543626) began the commercial operations of a new multi-brand store, named BAJAJ ELECTRONICS, on Tuesday in Pallakol, Andhra Pradesh, India, according to a same-day filing.Shares of the company rose nearly 3% in Wednesday's trade.

$BOM:543626$NSE:EMIL
Asia

Race Eco Chain Step-Down Unit Receives INR20 Million Investment; Shares Slip 3%

Race Eco Chain (NSE:RACE, BOM:537785) said its subsidiary Ganesha Recycling Chain invested 20 million rupees in GEM Polymers, a step-down subsidiary of the company, according to a Tuesday filing on Indian bourses.Shares of Race Eco Chain fell nearly 3% in Wednesday's trade.As part of the investment, Ganesha Recycling Chain has received 200,000 shares, or a 49% stake, in GEM Polymers.

$BOM:537785$NSE:RACE
Asia

Pharscin Pharmaceutical's Throat Drug Completes Manufacturing Filing Process

Pharscin Pharmaceutical's (SHE:002907) Ganjie Bingmei Tablets completed the domestic drug manufacturing filing process with China's National Medical Products Administration, according to a Shenzhen bourse filing on Wednesday.The drug is used to treat dry throat, sore throat, hoarseness and pharyngeal mucosal congestion.The Chinese pharmaceutical company's shares slipped 1% at the close.

$SHE:002907