Indonesia to Remove Tightly Held Stocks From Benchmark Index
· Business · Bloomberg, LiveMint
Indonesia plans to exclude stocks with concentrated ownership from its benchmark equities index. This policy change is intended to prevent a potential downgrade of the country's market status by MSCI Inc. The move aims to improve the liquidity and transparency of the index. Authorities are taking these steps to align with international investment standards.
Why it matters
This adjustment is critical for maintaining foreign investor confidence and preventing capital outflows from the Indonesian market.
Read the original report — Bloomberg
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.