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As Indonesia faces MSCI downgrade threat, officials vow reforms to ease fears

As Indonesia faces MSCI downgrade threat, officials vow reforms to ease fears
Key Points

As the threat of a reclassification by MSCI that could relegate Indonesia to an investment hinterland looms, the country’s financial regulators and stock exchange officials have vowed to address systemic concerns, including removing stocks with concentrated ownership. The global index provider announced on Friday it was launching a formal consultation to decide whether to downgrade Southeast Asia’s largest economy from “emerging market” to “stand-alone” status, similar to countries such as...

As the threat of a reclassification by MSCI that could relegate Indonesia to an investment hinterland looms, the country’s financial regulators and stock exchange officials have vowed to address systemic concerns, including removing stocks with concentrated ownership. The global index provider announced on Friday it was launching a formal consultation to decide whether to downgrade Southeast Asia’s largest economy from “emerging market” to “stand-alone” status, similar to countries such as... [Image text:] 721 14.75% .80 MASB MARK 72700 -12.5% 390 71.045 ssaw -12.62% 4.57% Po V3,110 MOMA BAP 540 7374 % 71,415 -14.61% 198 215 OR MCOL 161 CAS 73,500 7210 -2.51% 32 MBTO 7107 -13.71% Porcee MDIA 796 -14.29%
Indonesia (LOCATION) MSCI (ORG) Southeast Asia’s (LOCATION)
Originally published by South China Morning Post Read original →