RRI.CO.ID, Jakarta - The Indonesia Stock Exchange (IDX) has announced changes to the composition of its LQ45 index, which tracks the performance of 45 of the market’s most liquid and large-cap stocks. The latest rebalancing will take effect from February 2 to April 30, 2026.

According to an official IDX disclosure, as quoted by Antara on Tuesday, January 27, the most notable change is the inclusion of renewable energy firm PT Barito Renewables Energy Tbk (BREN), which replaces PT Aspirasi Hidup Indonesia Tbk in the index.

Despite the adjustment, the LQ45 remains dominated by banking and commodity stocks. Major lenders such as PT Bank Central Asia Tbk (BBCA), PT Bank Rakyat Indonesia Tbk (BBRI), PT Bank Mandiri Tbk (BMRI), and PT Bank Negara Indonesia Tbk (BBNI) continue to feature prominently.

Energy and mining companies also maintain a strong presence, including BREN, PT Adaro Andalan Indonesia Tbk (AADI), PT Indo Tambangraya Megah Tbk (ITMG), PT Merdeka Copper Gold Tbk (MDKA), and PT Bukit Asam Tbk (PTBA). 

Meanwhile, consumer and retail stocks remain represented, though to a lesser extent, with issuers such as PT Sumber Alfaria Trijaya Tbk (AMRT), PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Indofood Sukses Makmur Tbk (INDF), PT Kalbe Farma Tbk (KLBF), and PT Unilever Indonesia Tbk (UNVR) retaining their positions.

The technology and telecommunications sector also continues to feature in the index, led by PT Telkom Indonesia Tbk (TLKM), PT Indosat Tbk (ISAT), PT Elang Mahkota Teknologi Tbk (EMTK), and PT GoTo Gojek Tokopedia Tbk (GOTO), reflecting Indonesia's ongoing digital transformation. 

Infrastructure and property stocks, including PT United Tractors Tbk (UNTR), PT Sarana Menara Nusantara Tbk (TOWR), PT Ciputra Development Tbk (CTRA), and PT Semen Indonesia Tbk (SMGR), remain part of the benchmark.

For the upcoming review period, the LQ45 constituents are as follows: 

PT Adaro Andalan Indonesia Tbk (AADI)

PT Alamtri Minerals Indonesia Tbk (ADMR)

PT Alamtri Resources Indonesia Tbk (ADRO)

PT AKR Corporindo Tbk (AKRA)

PT Amman Mineral International Tbk (AMMN)

PT Sumber Alfaria Trijaya Tbk (AMRT)

PT Aneka Tambang Tbk (ANTM)

PT Astra International Tbk (ASII)

PT Bank Central Asia Tbk (BBCA)

PT Bank Negara Indonesia Tbk (BBNI)

PT Bank Rakyat Indonesia Tbk (BBRI)

PT Bank Tabungan Negara Tbk (BBTN)

PT Bank Mandiri Tbk (BMRI)

PT Barito Renewables Energy Tbk (BREN)

PT Barito Pacific Tbk (BRPT)

PT Bumi Resources Tbk (BUMI)

PT Charoen Pokphand Indonesia Tbk (CPIN)

PT Ciputra Development Tbk (CTRA)

PT Dian Swastatika Sentosa Tbk (DSSA)

PT Elang Mahkota Teknologi Tbk (EMTK)

PT XL Axiata Tbk (EXCL)

PT GoTo Gojek Tokopedia Tbk (GOTO)

PT Medikaloka Hermina Tbk (HEAL)

PT Indofood CBP Sukses Makmur Tbk (ICBP)

PT Vale Indonesia Tbk (INCO)

PT Indofood Sukses Makmur Tbk (INDF)

PT Indah Kiat Pulp and Paper Tbk (INKP)

PT Indosat Tbk (ISAT)

PT Indo Tambangraya Megah Tbk (ITMG)

PT Japfa Comfeed Indonesia Tbk (JPFA)

PT Kalbe Farma Tbk (KLBF)

PT Mitra Adiperkasa Tbk (MAPI)

PT Merdeka Battery Materials Tbk (MBMA)

PT Merdeka Copper Gold Tbk (MDKA)

PT Medco Energi International Tbk (MEDC)

PT Trimegah Bangun Persada Tbk (NCKL)

PT Perusahaan Gas Negara Tbk (PGAS)

PT Pertamina Geothermal Energy Tbk (PGEO)

PT Bukit Asam Tbk (PTBA)

PT Surya Citra Media Tbk (SCMA)

PT Semen Indonesia Tbk (SMGR)

PT Telkom Indonesia Tbk (TLKM)

PT Sarana Menara Nusantara Tbk (TOWR)

PT United Tractors Tbk (UNTR)

PT Unilever Indonesia Tbk (UNVR).

In addition to the LQ45 adjustment, the IDX also revised the composition of its IDX30 and IDX80 indices. In the IDX30, PT Bumi Resources Tbk (BUMI) and PT Elang Mahkota Teknologi Tbk (EMTK) replaced PT Indo Tambangraya Megah Tbk (ITMG) and PT Semen Indonesia Tbk (SMGR). 

Meanwhile, the IDX80 added BREN, PT Petrindo Jaya Kreasi Tbk (CUAN), and PT Hartadinata Abadi Tbk (HRTA), replacing PT Avia Avian Tbk (AVIA), PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (LSIP), and PT Bank Pan Indonesia Tbk (PNBN).

The IDX said stock indices serve as statistical indicators reflecting overall market price movements, constructed using specific criteria and methodologies, and reviewed periodically. 

The LQ45 index, in particular, measures the performance of stocks with high liquidity, large market capitalization, and solid fundamentals. ***