FTSE Russell Deems Reforms Successful, Indonesia's Capital Market Status Maintained

JAKARTA, KOMPAS.com - The global index provider FTSE Russell has confirmed that Indonesia’s capital market status remains in the Secondary Emerging Market category. This decision eases concerns among market participants. Previously, Indonesia had faced the risk of being downgraded to Frontier Market status due to scrutiny over the transparency and integrity of the exchange. The stock market classification results were published on Tuesday (7 April 2026) local time. FTSE Russell stated that Indonesia’s position is maintained. Adjustments to the minimum free float requirements have also been implemented. The market surveillance system has been strengthened. These steps are deemed to enhance transparency, integrity, and capital market governance. “FTSE Russell will continue to monitor the development of implementation and interact with market participants to obtain input,” FTSE Russell wrote in its announcement on Wednesday (8 April 2026). FTSE Russell will provide further confirmation regarding the treatment of Indonesian stocks ahead of the index rebalancing in June 2026. “At this stage, Indonesia’s status as a secondary emerging market remains unchanged. FTSE Russell does not consider Indonesia for inclusion in the Watch List and will continue to monitor reform progress and communicate with market participants,” stated FTSE Russell.