🔴 Bumi Resources Minerals is trading 14.91% down as IHSG fell 11.57% on MSCI reclassification proposal

Bumi Resources Minerals is trading at IDR 468.00, down 14.91%, amid broad Indonesian selling.

• On October 16, the IHSG fell 11.57% as investors reacted to MSCI’s proposal to consider reclassifying Indonesia from Emerging Market to Standalone Market.
• No clear company-specific catalyst was identified. A director’s share purchase was reported, not linked to the drop; reports noted attention to possible OJK follow-up.
• The price context does not establish a separate October 19 session move.