Bumi Resources is trading at IDR 117.00, down 12.69%, amid an Indonesian market selloff following MSCI’s proposal to reclassify Indonesia from emerging-market to standalone status.
- Reuters reported Indonesian stocks fell over 5% on October 19, after an 11.6% drop on Friday.
- Investors reacted to the proposal and concerns about possible outflows from global indexes.
- No clear company-specific catalyst was identified. The price context is October 20, 2026.