Rans Entertainment is trading at IDR 129.00, down 12.84%, amid heavy pressure on Indonesian stocks following MSCI’s proposal to move Indonesia from emerging-market to standalone status.
- Reuters reported the proposal sparked a broad selloff, amid concerns about possible exclusion from major global benchmarks.
- Bloomberg Technoz reported Rans Entertainment had already hit the exchange’s lower trading limit on October 19.
- No new company-specific catalyst was identified.