Press Release PEFINDO i-Grade Index for The Perod of July 1, 2025 - December 31, 2025

PEFINDO, together with the Indonesia Stock Exchange (IDX), has determined the constituents of the PEFINDO i-Grade Index in the major evaluation for the period of July to December 2025. Based on the results of the analysis using the PEFINDO rating data as well as stock trading data from companies rated by PEFINDO, the following are the companies that are constituents of the PEFINDO i-Grade Index from July to December 2025:

PEFINDO i-Grade Index Posts Consistent Gains Despite Capital Market Volatility

Throughout the first half of 2025, Indonesia’s capital market encountered challenging dynamics. Market pressure was driven by concerns over government fiscal policies, as well as uncertainty at the domestic and global levels due to the global trade war and geopolitical conflict. However, market conditions began to improve in May, supported by the return of foreign capital inflows and stabilization measures from financial authorities. Despite these pressures and ongoing market dynamics, the PEFINDO i-Grade Index—an index based on credit ratings issued by PEFINDO—managed to deliver stable performance relative to other broad-based benchmark indexes such as the JCI, LQ45, SRI-KEHATI, and IDX30.

Since its base date (December 28, 2012), the performance of the PEFINDO i-Grade Index has consistently outperformed other benchmark indexes on the Indonesia Stock Exchange. As of the latest data, the cumulative return of the PEFINDO i-Grade Index reached 102.69%, surpassing the returns of the JCI (60.49%), LQ45 (5.12%), IDX30 (7.13%), and SRI-KEHATI (52.12%) over the same period.