Erajaya Swasembada was last reported at IDR 494.00, down 5.90% from IDR 525.00 on October 19, 2026, amid a broad Indonesian selloff as concerns over MSCI’s potential downgrade of Indonesia’s market classification weighed on stocks. - The Jakarta Composite fell 3.64%. Erajaya was also among stocks with reported foreign net selling, but evidence does not show this alone caused the decline. - No confirmed trading-volume figure or company announcement explaining the move was found; the supplied U.S. consumer-discretionary rally does not explain the decline.