The decision will determine whether it remains an emerging market or gets downgraded to a frontier market
[JAKARTA] It is crunch time for Indonesia’s stock market.
Global benchmark provider MSCI is set to publish its annual market classification review early on Wednesday (Jun 24).
The closely watched decision will determine whether South-east Asia’s largest economy keeps its emerging-market status or risks a downgrade to a frontier-market classification alongside smaller nations such as Sri Lanka and Bangladesh.