Prodia Diagnostic Line is trading at IDR 120.00, down 11.11%, amid an Indonesian equities selloff tied to MSCI’s proposal to reclassify Indonesia from emerging-market to standalone status.
- Reuters reported the warning triggered panic selling and a record two-day market rout as investors reconsidered exposure to Indonesian assets.
- The Indonesian benchmark fell over 5% on October 19, following an 11.6% plunge on October 16.
- Volume and trading data were unavailable; no company-specific catalyst was identified.