Daily Brief Indonesia: Dian Swastatika Sentosa, United Tractors and more

• There are 2 constituent changes for the IDX30 Index, 5 changes for the LQ45 Index, and 7 changes for IDX80 Index to be implemented at the close on 31 October.
• The largest passive flows are expected in Dian Swastatika Sentosa, Bank Central Asia, Bank Mandiri, Emtek, Bumi Resources, Bank Syariah Indonesia, XLSMART Telecom Sejahtera and Medikaloka Hermina.
• With only 4 days to implementation, there could be relatively big moves on stocks that have large flow/impact from passive fund trading.

Key points (machine generated)

• United Tractors, founded in 1972 and listed in 1991, is Indonesia’s largest heavy equipment distributor with exclusive rights for brands like Komatsu and Scania.
• The company provides sales, parts, assembly, and repair services, and has diversified into mining and renewable energy sectors.
• Its subsidiary PAMA leads in mining services, while United Tractors manages coal and gold mining assets and invests in renewable energy projects.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.