FTSE Russell Keeps Indonesia’s Market Status, Off Watch List
Some index composition changes remain suspended at least until the March 2027 review as market reforms are tested.
FTSE Russell kept Indonesia’s capital market status as a Secondary Emerging Market in its December 2026 index review and did not place RI on the Watch List. The global index provider said Indonesia’s capital market authorities have taken steps to strengthen market transparency, but the effectiveness of the reforms still needs time to be evaluated. The assessment covers transparency of shareholder data, stronger trade surveillance systems and criteria, and consistency in regulatory enforcement. As a result, the treatment used in the September 2026 review was carried over to the December 2026 review. A number of index composition changes also remain suspended at least until the March 2027 evaluation.