🔴 Perdana Bangun Pusaka is trading 13.45% down as MSCI downgrade uncertainty weighs on Indonesian markets

Perdana Bangun Pusaka is trading at IDR 1,480, down 13.45%, amid broader Indonesian-market stress.

• The IHSG fell 11.57% on October 16 after MSCI proposed consulting on a possible downgrade of Indonesia’s market classification.
• Reports said the uncertainty continued to weigh on sentiment entering October 19; no fresh company-specific announcement explaining the decline was found.
• No current volume figure was verified.