Indonesia Equity Market Reform: Navigating MSCI & FTSE Accessibility Challenges
KBVS MACRO UPDATE
Tuesday, 23 June 2026
Indonesia Equity Market Reform: Navigating MSCI & FTSE Accessibility Challenges
Indonesia's equity market underwent a significant structural reset in 1H26 as global index providers shifted their focus from economic growth prospects toward market investability. In response, Indonesian regulators introduced a comprehensive reform agenda. These initiatives are aimed at addressing the concerns raised by global index providers while strengthening the credibility, transparency, and investability of Indonesia's capital market.
Looking ahead, 2H26 is expected to mark a transition from market correction toward credibility rebuilding. Investor preferences are likely to increasingly favor companies with stronger governance, greater transparency, and deeper liquidity.
Regards,
Khairunnisa N Syahfiraputri & Anggun Rahmadani - KBVS Research Team