This is a few examples of MSCI effective date trading plan, HSMP is one of the IDX stock that is currently in Nov 2020 announcement no longer put in MSCI Global Index. HMSP is experiencing draw down since the announcement but during the effective date the stock hit the long bearish candle, but after that it bullish with 17% not long after the effective date.
The opposite is MDKA stock that is listed in Nov 2020 announcement and experiencing bull during announcement until the effective date, but the gain is only 9% after the effective dat.
Although there is also another catalyst in the HMSP, since there is no announcement made by the government regarding the cigarette levy increment tariff.
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