MSCI Proposes Moving Indonesia From Emerging to Standalone Status

MSCI proposed moving Indonesia from emerging-market to standalone-market status Thursday, Oct. 15, citing concerns about the country's market transparency, concentrated shareholdings, suspected coordinated trading and weak enforcement. MSCI said investors had yet to see consistent progress despite reforms announced by Indonesian authorities. The announcement describes a proposed change, not a completed reclassification. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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