{
    "success": true,
    "data": {
        "id": 2055162,
        "msgid": "idx-says-ftse-keeps-indonesia-in-secondary-emerging-market-category-1792990341",
        "date": "2026-10-26 10:50:10",
        "title": "IDX Says FTSE Keeps Indonesia in \u2018Secondary Emerging Market\u2019 Category",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "FTSE Russell has kept Indonesia\u2019s equity market in its Secondary Emerging Market classification and has not placed it on a watchlist, according to the Indonesia Stock Exchange (IDX). The decision was described as strong recognition of reforms focused on transparency, liquidity and market surveillance, while regulators say they are working to translate those changes into measurable improvements and greater investor confidence.",
        "content": "<p>Jakarta (ANTARA) \u2013 The Indonesia Stock Exchange (IDX) said it met\nglobal stock index provider FTSE Russell on Friday (23 October). FTSE\nwas reported to have decided to keep Indonesia\u2019s capital market in the\nSecondary Emerging Market classification and not place it on a\nwatchlist.<\/p>\n<p>\u201cFTSE expressed its appreciation for what has been done in\nIndonesia\u2019s capital market, and confirmed that its report dated 6\nOctober 2026 clearly states that Indonesia remains a Secondary Emerging\nMarket,\u201d IDX President Director Jeffrey Hendrik said at a press\nconference in the IDX Main Hall in Jakarta on Monday.<\/p>\n<p>At the meeting, Jeffrey outlined developments in Indonesia\u2019s capital\nmarket reforms, covering three areas: transparency, liquidity and\nsurveillance.<\/p>\n<p>He said FTSE\u2019s decision to keep Indonesia in the Secondary Emerging\nMarket category without placing it on a watchlist confirmed the reforms\nthat had been undertaken.<\/p>\n<p>\u201cIndonesia has not been placed on the watchlist, and that is\ncertainly a very strong confirmation from FTSE, as well as recognition\nof the reforms we have carried out,\u201d Jeffrey said.<\/p>\n<p>OJK Board of Commissioners Chair Friderica Widyasari Dewi previously\nsaid the regulator\u2019s current focus was to ensure that Indonesia\u2019s\ncapital market reforms produced tangible, measurable results in\nimproving market quality and investor confidence.<\/p>\n<p>\u201cInvestor confidence must be built through concrete action, not\nmerely statements. The OJK is committed to building an Indonesian\ncapital market that is fair, transparent, competitive and globally\ncredible,\u201d Friderica said.<\/p>\n<p>Friderica said the fundamentals of Indonesia\u2019s capital market\nremained strong, with market capitalisation of about US$589 billion, the\nsecond-largest in ASEAN, and 31.1 million investors.<\/p>\n<p>Listed companies also recorded positive performance, with revenue\ngrowth of 15.9 per cent and net profit growth of 16.3 per cent in the 12\nmonths to June 2026.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-says-ftse-keeps-indonesia-in-secondary-emerging-market-category-1792990341",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}