
MSCI Downgrade Risk Mitigated by Diverse Investor Benchmarks, Says Indonesia
Indonesia's Coordinating Minister for Economic Affairs stated that the risk of a stock market downgrade by MSCI can be mitigated by the existence of other benchmarks. The government plans to improve market reforms, including increasing the free float ratio, to attract investors.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Indonesia Remains Unfazed by MSCI Downgrade Fears, Emphasizes Domestic Economic Resilience
Indonesian President Prabowo has declared the nation is "unafraid" of potential downgrades by MSCI, emphasizing the resilience of the domestic economy to allay public concerns. A parliamentary committee member suggested the President's remarks were not confrontational but a demonstration of confidence in Indonesia's economic strength.
- Indonesian Stocks Eye 5,500, Focus on 6 Key Companies
The Indonesian Composite Stock Price Index (IHSG) is poised for further gains, targeting 5,500-5,600 next week, supported by its hold above the 5,400 psychological level and improving technical indicators. Six stocks, including BMRI and AADI, are highlighted for investor focus.
- Indonesian Stocks Rally for 4 Straight Days Despite Foreign Net Sell
The Indonesian Composite Stock Price Index (IHSG) continued its upward trend for the fourth consecutive trading day, despite a net sell of Rp1.6 trillion by foreign investors. The energy sector and Sinarmas group-related stocks were key drivers of this rally.
- Pertamina Strengthens Fuel Supply and Distribution Network Across Indonesia
State-owned energy giant Pertamina is bolstering its fuel supply and distribution network to meet energy demands across Indonesia. Initiatives include increasing supply, extending operating hours, and introducing new services like modular gas stations to ensure stable provision for the public.