IndonesianTalk.com – The Indonesian Capital Market Professionals Association (PROPAMI) has urged market participants to respond to the turmoil that followed Morgan Stanley Capital International’s (MSCI) proposed change to Indonesia’s market classification in a proportionate, fact-based manner. The proposal triggered sharp selling in the Jakarta Composite Index (JCI). (18/10/26) PROPAMI acknowledged that the JCI’s steep fall on 16 October 2026 was a serious event. But the association said the drop does not automatically mean the foundations of the national capital market have lost their investment appeal. “Panic does not resolve structural problems, while ignoring those problems can prolong uncertainty,” PROPAMI said. A Consultation, Not Yet a Decision On 15 October 2026, MSCI launched a consultation on a proposal to reclassify Indonesia from Emerging Market to Standalone Market status, with a final decision to be announced no later than the end of June 2027. Indonesia’s status therefore has not changed automatically. The consultation…
PROPAMI: MSCI Proposal Is Not a Final Verdict on Indonesia’s Capital Market, Reform Must Remain the Focus
IndonesianTalk.com – The Indonesian Capital Market Professionals Association (PROPAMI) has urged market participants to respond to the turmoil that followed Morgan Stanley Capital International’s (MSCI) proposed change to Indonesia’s market classification in a proportionate, fact-based manner. The proposal triggered sharp selling in the Jakarta Composite Index (JCI). (18/10/26) PROPAMI acknowledged that the JCI’s steep fall on 16 October 2026 was a serious event. But the association said the drop does not automatically mean the foundations of the national capital market have lost their investment appeal. “Panic does not resolve structural problems, while ignoring those problems can prolong uncertainty,” PROPAMI said. A Consultation, Not Yet a Decision On 15 October 2026, MSCI launched a consultation on a proposal to reclassify Indonesia from Emerging Market to Standalone Market status, with a final decision to be announced no later than the end of June 2027. Indonesia’s status therefore has not changed automatically. The consultation…


