Story perspectives

Indonesia Takes Action After $80B Stock Market Plunge

1/30/2026

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Summary

Story summary

Indonesian authorities took measures to stabilize the stock market after an 8% plunge that erased $80 billion.
MSCI, the index provider, expressed concerns about ownership and trading transparency, leading to outflows.
President Prabowo Subianto's fiscal policies and his nephew's appointment to the central bank shook investor confidence.
Regulators doubled the free-float requirement for listed firms to 15%.
Major banks lowered recommendations for Indonesian stocks amid fears of an MSCI downgrade.

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Story summary

Indonesian authorities took measures to stabilize the stock market after an 8% plunge that erased $80 billion.
MSCI, the index provider, expressed concerns about ownership and trading transparency, leading to outflows.
President Prabowo Subianto's fiscal policies and his nephew's appointment to the central bank shook investor confidence.
Regulators doubled the free-float requirement for listed firms to 15%.
Major banks lowered recommendations for Indonesian stocks amid fears of an MSCI downgrade.