Radiant Utama is trading at IDR 166.00, down 5.14%, amid market-wide pressure after MSCI raised the possibility of reclassifying Indonesia from emerging-market status.
- Reuters reported the warning sparked the October 19 sell-off; Bloomberg said the Jakarta Composite fell 3.6% on Monday.
- No company-specific announcement explaining the decline was found; available reporting points to market-wide pressure, not a confirmed company catalyst.