STOCKS | S&P Dow Jones Indices to Proceed with March Rebalance Amid Indonesian Stock Ownership Concerns

S&P Dow Jones Indices announced its intention to continue with the scheduled March quarterly rebalance, despite ongoing concerns regarding stock ownership transparency in Indonesia. Bloomberg posted on X that while other index providers have halted their reviews due to these transparency issues, S&P Dow Jones Indices remains committed to its timeline. The company is closely monitoring the situation in Indonesia to ensure compliance and transparency in stock ownership. This decision comes as the industry grapples with the challenges posed by the lack of clarity in stock ownership regulations in the region.