FTSE Cut Hits Stock Tied to One of Indonesia’s Richest Families
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1.00 · RIGHT
ML v2 (DistilBERT)
0.000 · CENTER
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0.000 · CENTER
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avg 0.078
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Article Excerpt
pi8trbqlgf2(13k42qtys7cu_media_dl_1.png Bloomberg Article content (Bloomberg) — Shares linked to one of Indonesia’s richest families dropped after FTSE Russell over the weekend removed the company from its global indexes due to concentrated shareholding. Article content PT Dian Swastatika Sentosa — which is operated by the Widjaja family-controlled Sinar Mas Group — slumped as much as 14% to the lowest in two years. The stock has plunged about 88% so far this year, making it the worst performer on a Bloomberg gauge of global shares. Article content Article content Article content The removal f…
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May 30, 2026