Updated

Updated · Bloomberg · Jul 8

S&P Dow Jones Warns Indonesia Could Lose Emerging-Market Status Over Stock Market Concerns

Updated

Updated · Bloomberg · Jul 8

S&P Dow Jones Warns Indonesia Could Lose Emerging-Market Status Over Stock Market Concerns

1 articles · Updated · Bloomberg · Jul 8

S&P Dow Jones Indices said Indonesia could eventually be cut to frontier-market status, a fresh blow to Jakarta’s campaign to reassure global investors.
Persistent concerns over transparency, liquidity and the small free float in some of Indonesia’s biggest listed companies are driving the warning.
The signal is likely to deepen doubts over whether recent reforms have gone far enough to fix long-running investor complaints about the market’s structure and disclosure.
S&P had already placed Indonesia under potential reclassification review and said it was monitoring Indonesia Stock Exchange guidance on ownership transparency and disclosure issues.

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Why is Indonesia facing a market downgrade while neighbors like Vietnam are being promoted?

Is the threat to Indonesia's market more about broken rules or a fundamental loss of trust?

With its currency in freefall, can Indonesia's reforms prevent a massive foreign capital exodus?

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