🔴 Antam is trading 14.72% down amid MSCI's Indonesia reclassification consultation

Antam is trading at IDR 2,550, down 14.72%, amid concerns over MSCI's Indonesia status consultation.

• The decline was recorded in the October 16 session; the supplied context does not establish a separate October 19 trading move.
• MSCI opened consultation on potentially reclassifying Indonesia from emerging-market to standalone status, prompting foreign-outflow concerns. The IHSG fell 11.57% that session, and Antam was among stocks with substantial foreign net selling.
• No clear Antam-specific catalyst surfaced.