Südostasien: MSCI droht Indonesien mit Index-Rauswurf – Börse verliert heftig
Der Indexanbieter hält Reformen zur Markttransparenz in Südostasiens größter Volkswirtschaft für nicht ausreichend. Das hat Folgen für bekannte ETFs – und sorgt für historische Verluste.
Indonesian financial markets have plummeted heavily after the global index provider MSCI threatened to remove the country from its international stock indices due to concerns over lack of transparency and potential price manipulation. The announcement sent shockwaves through Jakarta's stock exchange, causing the main index to plummet over 11% and the national currency, the Rupiah, to drop 0.6% against the US dollar.
MSCI's decision could force international investors to withdraw billions of dollars from Indonesia's financial markets. The index provider had previously threatened to exclude Indonesia from its MSCI Emerging Markets Index and move it to a lower-tier Frontier Market Index, but now seems to be taking a more severe step. MSCI claims there is still significant concern about market disruptions, including suspicions of coordinated trading behavior.
Despite reforms, MSCI says it continues to see "substantial concerns" about Indonesia's financial sector. The country's regulator, the OJK, acknowledges MSCI's concerns but remains optimistic about the local capital market. International market observers are hopeful that Indonesia will take concrete steps to avoid a downgrade, hoping the government will learn from the negative market reaction.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
