Business & Finance
S&P Dow Jones Signals Possible Frontier-Market Cut for Indonesia
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S&P Dow Jones Signals Possible Frontier-Market Cut for Indonesia S&P Dow Jones Indices has listed Indonesia as a country for potential market reclassification, saying it may consider implementing special treatment for its securities if circumstances worsen. “S&P DJI continues to track developments related to stock ownership transparency in Indonesia and the Indonesia Stock Exchange’s accompanying guidance aimed at addressing disclosure-related concerns and the potential liquidity impact,”...
S&P Dow Jones Signals Possible Frontier-Market Cut for Indonesia
S&P Dow Jones Indices has listed Indonesia as a country for potential market reclassification, saying it may consider implementing special treatment for its securities if circumstances worsen.
“S&P DJI continues to track developments related to stock ownership transparency in Indonesia and the Indonesia Stock Exchange’s accompanying guidance aimed at addressing disclosure-related concerns and the potential liquidity impact,” the index compiler said in a statement.