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MSCI gets set to remove Indonesia from global indexes

JAKARTA: Indonesia's stock market is no longer worthy of "emerging market" status, according to MSCI, and the index provider says it intends to cut it from a suite of products tracked by global investors, a major setback likely to send money fleeing.

The Star Malaysia查看原文 ↗
MSCI计划将印尼从全球指数中剔除。

JAKARTA: Indonesia's stock market is no longer worthy of "emerging market" status, according to MSCI, and the index provider says it intends to cut it from a suite of products tracked by global investors, a major setback likely to send money fleeing.

Indonesian equities are already the world's worst performers this year, struggling since January when MSCI froze Indonesia in its indexes and threatened a downgrade to "frontier" status because of opacity in ownership and trading behaviour.

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