Business & Finance
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%