{
    "success": true,
    "data": {
        "id": 1812411,
        "msgid": "idx-responds-to-msci-report-some-notes-but-many-positives-1781866342",
        "date": "2026-06-19 17:25:41",
        "title": "IDX Responds to MSCI Report: Some Notes, but Many Positives",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Stock Exchange (IDX) has responded to the latest MSCI review, expressing appreciation for the positive aspects while acknowledging areas needing improvement. Acting President Director Jeffrey Hendrik remains optimistic that Indonesia will retain its emerging market status in the upcoming June 2026 announcement. The IDX plans to seek clarification from MSCI on specific concerns, including the availability of English-language information, to ensure targeted reforms.",
        "content": "<p>The Indonesia Stock Exchange (IDX) has spoken out regarding the\nlatest MSCI 2026 Global Market Accessibility Review released on Friday\n(19\/6\/2026). IDX Acting President Director Jeffrey Hendrik assessed that\nthe report still maintains many positive aspects of the Indonesian\ncapital market, although there are several notes requiring improvement.\n\u201cWe certainly appreciate what has been conveyed, and it has also been\npart of our discussions so far. So, of course, we will continue to make\nimprovements. One thing is certain, we believe the future will be\nbetter,\u201d Jeffrey stated at the IDX Building in Jakarta. Regarding\nconcerns that Indonesia could potentially be downgraded from emerging\nmarket to frontier market status in the next MSCI announcement on 23\nJune 2026, Jeffrey expressed optimism that Indonesia will remain in the\nemerging market group. \u201cIf we look at what was conveyed today, we have\ngreat hope that Indonesia will remain in the emerging market,\u201d Jeffrey\nasserted. Furthermore, the IDX will resume regular communication and\nmeetings with MSCI to clarify several points of concern. One issue to be\ndiscussed is the availability of information in English mentioned in the\nMSCI report. Jeffrey explained that, according to exchange regulations,\nall issuer financial reports are required to be available in two\nlanguages. Therefore, the IDX wants to obtain clarity on whether MSCI\u2019s\nnote refers to information provided by the exchange or also includes\ninformation from issuers and exchange members. According to him, this\nclarification is important so that corrective measures can be accurately\ntargeted. He added that the various notes submitted by MSCI will become\npart of the ongoing capital market reform process. It is known that in\nMSCI\u2019s annual cycle report, there were generally more rating upgrades\nthan downgrades across the Emerging Markets group. However, a crucial\nspotlight for the domestic market is the decline in accessibility\nquality due to structural constraints, particularly concerning issues of\nshare ownership transparency and alleged coordinated trading activities\non the Indonesian bourse.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-responds-to-msci-report-some-notes-but-many-positives-1781866342",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}