🔴 Emtek is trading 13% down after MSCI proposed Indonesia’s standalone status

Emtek is trading at IDR 334.00, down 13.02%, after MSCI’s October 15 proposal to reclassify Indonesia from emerging-market to standalone status raised fears of foreign-investor outflows.

• The proposed change is not final: MSCI’s consultation runs through April 2027, with a decision expected by June 2027.
• Reporting tied the October 16 sell-off to the MSCI news and described broad Indonesian market pressure; the benchmark index fell 11.57% that session.