Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

Dian Swastatika Sentosa / Index Rebalance

<ul>
<li>There is 1 constituent change for the IDX30 Index, and 5 changes each for the LQ45 Index and IDX80 Index to be implemented at the close on 30 April.</li>
<li>Following their inclusion on the High Shareholding Concentration list, <a href="https://www.smartkarma.com/entities/pt-barito-renewables-energy-tbk" target="_blank" data-smartkarma-citation="entities:40150:1" rel="noopener">Barito Renewables Energy (BREN IJ)</a> and <a href="https://www.smartkarma.com/entities/dian-swastatika-sentosa-tbk" target="_blank" data-smartkarma-citation="entities:15281:1" rel="noopener">Dian Swastatika Sentosa (DSSA IJ)</a> will be deleted from the LQ45 and IDX80 indices.</li>
<li>While the size of the passive AUM is small, a lot of active funds use the LQ45 Index as a benchmark and could sell BREN/DSSA before the global index trackers.</li>
</ul>


There is 1 constituent change for the IDX30 Index, and 5 changes each for the LQ45 Index and IDX80 Index to be implemented at the close on 30 April.
Following their inclusion on the High Shareholding Concentration list, Barito Renewables Energy (BREN IJ) and Dian Swastatika Sentosa (DSSA IJ) will be deleted from the LQ45 and IDX80 indices.
While the size of the passive AUM is small, a lot of active funds use the LQ45 Index as a benchmark and could sell BREN/DSSA before the global index trackers.


IDX30/​​LQ45/IDX80 Index Rebalance: BREN and DSSA Deleted from Local Indices

Indonesia

PT Bangun Kosambi Sukses Tbk is an Indonesian real estate development company. It engages in the development and sale of land plots, residential houses, advertising, conventions, exhibitions, hotels, and office spaces, with a focus on integrated areas like PIK 2. The company was founded in 2000 and is headquartered in Tangerang, Indonesia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Bangun Kosambi Sukses (CBDK IJ)

IDX30/LQ45/IDX80 Index Rebalance: BREN and DSSA Deleted from Local Indices

Barito Renewables and Dian Swastatika Sentosa are deletions from local indices this week. Passive tracking AUM is small but active managers use the...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

IDX30/​​LQ45/IDX80 Index Rebalance: BREN and DSSA Deleted from Local Indices

Barito Renewables and Dian Swastatika Sentosa are deletions from local indices this week. Passive tracking AUM is small but active managers use the...

Brian Freitas

IDX30/LQ45/IDX80 Index Rebalance: BREN and DSSA Deleted from Local Indices