LQ45 explained

LQ45 is a stock market index for the Indonesia Stock Exchange (IDX) (formerly known as the Jakarta Stock Exchange). The LQ45 index consists of 45 companies that:

have been included in the top 60 companies with the highest market capitalization in the last 12 months
have been included in the top 60 companies with the highest transaction value in a regular market in the last 12 months
have been listed in the Indonesia Stock Exchange for at least 3 months
have good financial conditions, prospect of growth, high transaction value and frequency

It is calculated semi-annually by the research and development division of the Indonesia Stock Exchange.

Components

For the period of August 2019 to January 2020,^[1] the LQ45 index is composed of the following companies:

Abbreviation	Company
ADHI	Adhi Karya (Persero) Tbk.
ADRO	Adaro Energy Tbk.
AKRA	AKR Corporindo Tbk.
ANTM	Aneka Tambang Tbk.
ASII	Astra International Tbk.
ASRI	Alam Sutera Reality Tbk.
BBCA	Bank Central Asia Tbk.
BBNI	Bank Negara Indonesia (Persero) Tbk.
BBRI	Bank Rakyat Indonesia (Persero) Tbk.
BBTN	Bank Tabungan Negara (Persero) Tbk.
BKSL	Sentul City Tbk
BMRI	Bank Mandiri (Persero) Tbk.
BSDE	Bumi Serpong Damai Tbk.
CPIN	Charoen Pokphand Indonesia Tbk.
ELSA	Elnusa Tbk.
EXCL	XL Axiata Tbk.
GGRM	Gudang Garam Tbk.
HMSP	H.M. Sampoerna Tbk.
ICBP	Indofood CBP Sukses Makmur Tbk.
INCO	Vale Indonesia Tbk.
INDF	Indofood Sukses Makmur Tbk.
INDY	Indika Energy Tbk.
INKP	Indah Kiat Pulp & Paper Tbk.
INTP	Indocement Tunggal Prakarsa Tbk.
ITMG	Indo Tambangraya Megah Tbk.
JSMR	Jasa Marga (Persero) Tbk.
KLBF	Kalbe Farma Tbk.
LPKR	Lippo Karawaci Tbk.
LPPF	Matahari Department Store Tbk.
MEDC	Medco Energi Internasional Tbk.
MNCN	Media Nusantara Citra Tbk.
PGAS	Perusahaan Gas Negara (Persero) Tbk.
PTBA	Tambang Batubara Bukit Asam (Persero) Tbk.
PTPP	PP (Persero) Tbk.
SCMA	Surya Citra Media Tbk.
SMGR	Semen Indonesia (Persero) Tbk.
SRIL	Sri Rejeki Isman Tbk.
SSMS	Sawit Sumbermas Sarana Tbk.
TLKM	Telekomunikasi Indonesia (Persero) Tbk.
TPIA	Chandra Asri Petrochemical Tbk.
UNTR	United Tractors
UNVR	Unilever Indonesia
WIKA	Wijaya Karya
WSBP	Waskita Beton Precast Tbk.
WSKT	Waskita Karya