🔴 Solusi Sinergi Digital is trading 6.8% down after MSCI proposed moving Indonesia to standalone status

Solusi Sinergi Digital is trading 6.8% down at IDR 1,025, amid continued pressure after MSCI proposed moving Indonesia from emerging-market to standalone status.

• MSCI’s proposal triggered a broad Indonesian equity selloff, with the benchmark falling sharply on Monday, October 19.
• A major shareholder transaction was reported October 20: an affiliate sold a 26.667% stake at IDR 2,870 per share. Coverage does not establish the sale as the cause of the decline.