🔴 Bank Mandiri is trading 14.82% down as MSCI weighs Indonesia’s standalone status

Bank Mandiri is trading at IDR 3,390, down 14.82% for the October 16 session amid MSCI-related market pressure.

• Reuters’ October 19 report said Indonesian markets braced for Monday after Friday’s MSCI shock; MSCI considered moving Indonesia from emerging-market to standalone status.
• Foreign investors net sold Rp 1.06 trillion of Bank Mandiri shares over October 12–16, amid fears of index-linked outflows. No new company-specific catalyst was identified; evidence points to broad market and foreign-flow pressure.