Indonesia’s Most Trusted  Rating Agency

About PEFINDO

Services

INDEX PEFINDO

To encourage and enhance trading activities in the Capital Market, PEFINDO has issued 2 (two) index services that have been listed on the Indonesia Stock Exchange (IDX), namely PEFINDO25 and PEFINDO i-Grade with the aim of providing an alternative stock index reference for capital market players.


PEFINDO i-Grade Overview

PEFINDO i-Grade Banner

The PEFINDO Investment Grade Index (PEFINDO i-Grade Index) is a stock price index whose constituents consist of issuers on the Indonesia Stock Exchange (IDX) that have received an Investment Grade rating from PEFINDO and its constituents consist of 30 issuers on the Indonesia Stock Exchange (IDX). Investment Grade is a rating given by PEFINDO to companies with idAAA to idBBB- ratings. The factors that formed the basis for the selection of PEFINDO i-Grade Index constituents include PEFINDO's Investment Grade rating, Legal Aspect, Market Capitalization, and Liquidity.

PEFINDO i-Grade was introduced on December 21, 2017 where this product is a form of collaboration between PEFINDO and PT Bursa Efek Indonesia (IDX). Currently, the PEFINDO i-Grade Index has been used as the underlying index-based investment product, also known as an ETF (Exchanged-Traded Fund). Investment managers who have used this index are PT Indo Premier Investment Management, with the product name Premier ETF Index Mutual Fund PEFINDO i-Grade (XIPI) which was launched on December 21, 2018 and PT Majoris Asset Management by launching the Majoris Index Mutual Fund PEFINDO i- Grade ETF Indonesia (XMIG) on July 25, 2019 which is traded on the stock exchange.

PEFINDO i-Grade constituent elections are held 2 times a year, namely in December and June.


PEFINDO i-Grade

1W
Timeline
195.31 H L
-
Download Table

PEFINDO i-Grade Member

Updated on 7 Feb 2025
Ticker Company Name Rating Date Assigned Previous Price Closing Price Trade Frequency Market Capitalization Change (YtD)
BBCA Bank Central Asia Tbk. idAAA 8 Mar 2024 8,950.00 9,350.00 34,185.00 1,152,621,718.00 -3.36%
BBNI Bank Negara Indonesia (Persero) Tbk. idAAA 6 Mar 2024 4,290.00 4,270.00 15,721.00 159,259,526.00 -1.84%
BBRI Bank Rakyat Indonesia (Persero) Tbk. idAAA 6 Mar 2024 3,970.00 4,030.00 43,746.00 610,782,776.00 -1.23%
BMRI Bank Mandiri (Persero) Tbk. idAAA 13 Feb 2024 5,100.00 5,150.00 44,825.00 480,666,667.00 -9.65%
BNGA Bank CIMB Niaga Tbk. idAAA 2 Sep 2024 1,685.00 1,715.00 1,610.00 42,687,694.00 -0.87%
BNII Bank Maybank Indonesia Tbk. idAAA 8 Mar 2024 196.00 198.00 251.00 14,920,772.00 -4.81%
BRIS Bank Syariah Indonesia Tbk. idAAA 21 Feb 2024 2,880.00 3,020.00 15,542.00 139,310,366.00 10.62%
BRPT Barito Pacific Tbk. idA+ 8 Nov 2024 910.00 815.00 24,634.00 76,403,983.00 -11.41%
BSDE Bumi Serpong Damai Tbk. idAA 10 Jan 2025 910.00 920.00 1,794.00 19,477,657.00 -2.65%
DSNG Dharma Satya Nusantara Tbk. idA 6 Mar 2024 925.00 895.00 2,185.00 9,486,859.00 -5.79%
DSSA Dian Swastatika Sentosa Tbk. idAA 2 Dec 2024 48,025.00 39,450.00 1,393.00 303,982,890.00 6.62%
HEAL Medikaloka Hermina Tbk. idAA 14 May 2024 1,355.00 1,355.00 1,539.00 20,820,862.00 -16.87%
INKP Indah Kiat Pulp and Paper Tbk. idA+ 24 Jun 2024 6,150.00 6,050.00 1,727.00 33,099,447.00 -11.03%
ISAT Indosat Tbk. idAAA 7 May 2024 2,190.00 2,220.00 1,324.00 71,596,800.00 -10.48%
JSMR Jasa Marga (Persero) Tbk. idAA 25 Mar 2024 4,150.00 4,080.00 2,249.00 29,612,114.00 -5.77%
MAYA Bank Mayapada Internasional Tbk. idBBB+ 9 Aug 2024 198.00 198.00 353.00 7,609,173.00 -3.88%
MBMA Merdeka Battery Materials Tbk. idA 5 Jun 2024 370.00 376.00 5,016.00 40,606,278.00 -17.90%
MDKA Merdeka Copper Gold Tbk. idA+ 7 Oct 2024 1,430.00 1,420.00 4,154.00 34,751,637.00 -12.07%
MEDC Medco Energi Internasional Tbk. idAA- 2 Apr 2024 1,030.00 1,035.00 3,518.00 26,015,999.00 -5.91%
MFIN Mandala Multifinance Tbk. idAAA 4 Apr 2024 3,620.00 3,490.00 85.00 17,572,150.00 4.18%
MTEL Dayamitra Telekomunikasi Tbk. idAAA 3 Apr 2024 645.00 650.00 1,156.00 54,313,764.00 0.78%
MYOR Mayora Indah Tbk. idAA 6 Mar 2024 2,420.00 2,400.00 1,405.00 53,660,879.00 -13.67%
PNBN Bank Pan Indonesia Tbk. idAA 5 Mar 2024 1,785.00 1,820.00 708.00 43,839,516.00 -2.15%
PTPP Pembangunan Perumahan (Persero) Tbk. idA 13 Mar 2024 306.00 298.00 927.00 1,921,974.00 -11.31%
PTRO Petrosea Tbk. idA+ 11 Sep 2024 3,820.00 2,880.00 91,880.00 29,047,824.00 4.23%
SMDR Samudera Indonesia Tbk. idA+ 14 Mar 2024 246.00 238.00 2,360.00 3,897,393.00 -11.19%
SMGR Semen Indonesia (Persero) Tbk. idAAA 12 Aug 2024 2,770.00 2,700.00 3,812.00 18,229,158.00 -17.93%
SMRA Summarecon Agung Tbk. idA+ 5 Apr 2024 420.00 426.00 2,795.00 7,032,650.00 -13.06%
TLKM Telkom Indonesia (Persero) Tbk. idAAA 19 Apr 2024 2,560.00 2,590.00 12,578.00 256,571,141.00 -4.43%
TPIA Chandra Asri Pacific Tbk. idAA- 14 May 2024 8,100.00 6,525.00 26,305.00 564,487,832.00 -13.00%

Index Report

Index Report

The Index Report presents information related to the performance of PEFINDO's indices including PEFINDO25 and PEFINDO i-Grade. The index report aims to provide an alternative reference for stock index references for capital market players.