MSCI delays Indonesia review, keeps South Korea emerging (opens in new tab)

MSCI kept Indonesia in its emerging-market category and extended its market-status review to November 2026 as it evaluates reforms Jakarta announced, including enhanced disclosures, more detailed investor classifications and a roadmap to raise the minimum free-float requirement to 15%. MSCI said that if it does not see sufficient progress by the November index review, it could consider steps including a consultation on reclassifying Indonesia from emerging market to frontier market. The decis...