CUAN Stock Price Rises After Inclusion in MSCI Index (August 8, 2025)
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Indonesian mining company PT Petrindo Jaya Kreasi Tbk (CUAN) was added to the Morgan Stanley Capital International (MSCI) Global Standard Indexes on August 7, 2025.
This index is a globally influential stock market index, frequently used by large financial institutions as a benchmark for forming investment portfolios.
"When a stock is included in the MSCI index, demand for that stock usually surges, as it will automatically be purchased by fund managers who track the index," stated Mirae Asset Sekuritas on its website.
According to Mirae Asset Sekuritas, stocks included in the MSCI index must meet several stringent requirements, including:
- Adequate liquidity; the stock is actively traded with a certain volume;
- A large free-float market capitalization;
- A dispersed share ownership structure; not overly concentrated.
Before being included in the MSCI index, during the period from December 30, 2024, to August 7, 2025, CUAN's share price had already grown by 31% (year-to-date/ytd).
Then, after being included in the MSCI index, CUAN's share price on August 8, 2025, reached Rp1,565, up 7.2% compared to the previous day.
Compared to its position at the end of last year, CUAN's share price has now increased by 40.7% (ytd).
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