The following ten Indonesian companies are to be added into the MSCI Global Small Index:

Blue Bird
Bumi Resources
Delta Dunia Makmur
Harum Energy
Medco Energi Internasional
MNC Investama
Pelat Timah Nusantara
Tunas Baru Lampung
• Waskita Beton Precast

Meanwhile, the following five Indonesian companies are to be removed from the index:

Agung Podomoro Land
Arwana Citramulia
Bisi International
Lippo Cikarang

It is good news for those companies that are selected to enter the MSCI Global Small Index because they should become more visible on global investors' radar. Considering four of the ten companies are energy (or coal) related, Morgan Stanley seems to have firm confidence in the development of Indonesia's energy sector.