🔴 BBCA.JK is trading 4.6% down today on MSCI index rebalancing outflows

BBCA.JK is trading 4.6% down today at IDR 5,700 following heavy selling linked to the MSCI index rebalancing effective June 1.

• The decline from IDR 5,975 is primarily driven by technical flow-driven pressure rather than company fundamentals after a cut in the stock's index weighting.
• Reports indicate approximately IDR 2.3 trillion in related foreign selling and passive fund outflows triggered by the rebalancing.