JAKARTA – Eleven public companies will join as constituents of Indeks52, an index curated by Tempo and IDNFinancials. The new listing of these 11 issuers in the index is decided after the evaluation of several criteria of Indeks52.

Based on IDNFinancials data quoted today (23/7), these new constituents come from numerous sectors, including coal mining, energy, telecommunication infrastructure, property, basic chemicals, household and building materials, and processed foods and beverages.

These issuers in question are PT Barito Renewables Energy Tbk (BREN), PT Amman Mineral Internasional Tbk (AMMN), PT Pantai Indah Kapuk Dua Tbk (PANI), PT Trimegah Bangun Persada Tbk (NCKL), PT Adaro Minerals Indonesia Tbk (ADMR), PT Dayamitra Telekomunikasi Tbk (MTEL), PT Pertamina Geothermal Energy Tbk (PGEO), PT Cisarua Mountain Dairy Tbk (CMRY), PT Avia Avian Tbk (AVIA), PT Ace Hardware Indonesia Tbk (ACES), and PT Triputra Agro Persada Tbk (TAPG).

BREN is known to have reported a market cap of IDR 719.10 trillion, the highest among 11 new issuers in Indeks52. In the meantime, AVIA was the lowest among those 11 with market cap of IDR 34.07 trillion. The eleven companies are deemed to have met several criteria, including market capitalisation and net profit growth since its debut on the stock market.

As is known, Indeks Tempo-IDNFinancials 52 was launched in Jakarta on July 23, 2023. Indeks52 consists of four categories, namely Main Index, High Growth, High Dividend, and Big Marketcap. Post-evaluation, total constituents are at 84, or below 10% of total 934 issuers listed on the stock exchange. (LK/ZH)