🔴 Asri Karya Lestari is trading 14.52% down after MSCI proposed consulting on Indonesia’s classification

Asri Karya Lestari is trading at IDR 318.00 (-14.52%) after Indonesia’s market-wide sell-off.

• The latest provided quote is from the October 16 session; October 19 trading data was not provided.
• MSCI proposed consulting on reclassifying Indonesia from emerging-market to standalone status, raising concerns about transparency, investability and potential foreign outflows.
• Indonesian stocks recorded their steepest daily fall since 1998, with losses across sectors including infrastructure; no company-specific catalyst was identified.