Elang Mahkota Teknologi stock to leave MSCI Small Cap Index

PT Elang Mahkota Teknologi Tbk will leave the MSCI Global Small Cap Index after the November 2026 review, according to IDNFinancials. The report was published on Thursday, November 12, and said MSCI based the review on information available as of October 20, 2026.

The change is scheduled to take effect after the close of trading on Monday, November 30. The revised index composition would therefore apply from Tuesday, December 1, subject to any adjustment related to corporate actions or a change in the issuer's monitoring-board status before implementation.

Index Removal Sets Next Investor Milestone

MSCI also removed six other Indonesian issuers from its Global Small Cap Index. PT Avia Avian Tbk, PT Ciputra Development Tbk, PT Dayamitra Telekomunikasi Tbk, PT Jasa Marga (Persero) Tbk, PT Rukun Raharja Tbk and PT Solusi Sinergi Digital Tbk were included in the same group of deletions. PT Barito Pacific Tbk and PT Bumi Resources Minerals Tbk were removed from the MSCI Global Standard Index, while Bumi Resources Minerals moved into the Small Cap category.

Elang Mahkota Teknologi stock traded at 290 Indonesian rupiah at 16:14 WIB on Thursday, November 12. The quote was the latest available closing-market price for the Jakarta-listed instrument and is presented without an Xetra comparison.

Emtek Combines Media And Technology

PT Elang Mahkota Teknologi Tbk is an Indonesian conglomerate headquartered in Jakarta, with businesses spanning media, technology solutions, healthcare and investments, according to the company profile. Its media operations include free-to-air television, content production and distribution, digital publishing and video-on-demand services. The group also provides telecommunications and networking solutions, banking technology, VSAT systems, medical services and connectivity offerings. In its diversified Indonesian market, Emtek overlaps with media-focused players such as Media Nusantara Citra and Surya Citra Media, while technology and digital activities place it alongside broader groups including GoTo; these comparisons reflect business focus rather than a formal index ranking.

Indonesia's broader equity market remains the relevant regional backdrop for the stock; see current Indonesian market reports.

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