Indonesian Tech Firm GoTo Cut From MSCI Indexes in Review

MSCI Inc. removed GoTo Group from its indexes following a decline in the Indonesian tech company's share price that reduced trading liquidity. GoTo Group is a Jakarta-based technology company operating ride-hailing, food delivery, and financial services platforms. MSCI removes stocks from its indexes when they fail to meet liquidity requirements or other inclusion criteria. The company's shares had traded at lower volumes on Indonesian exchanges. GoTo Group was previously included in MSCI's emerging markets indexes.

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