Indonesia keeps FTSE Russell Secondary Emerging Market status
Indonesia was not placed on the watchlist, according to the Indonesia Stock Exchange chief, who outlined reforms in transparency, liquidity and trading oversight.
FTSE Russell has kept Indonesia classified as a Secondary Emerging Market without placing it on its watchlist, Indonesia Stock Exchange (BEI) president director Jeffrey Hendrik said. He cited the index provider’s report dated 6 October 2026.
Speaking at a press conference at BEI’s Jakarta building on 26 October 2026, Jeffrey said the exchange had discussed Indonesia’s classification with FTSE Russell. He described the report as confirmation of the country’s standing as reforms to its capital market continue.
BEI had briefed FTSE Russell on changes covering transparency, liquidity and market surveillance, Jeffrey said. According to him, FTSE Russell expressed appreciation for the reform efforts.
The exchange will continue work in those three areas, including making share-trading oversight more effective. Jeffrey said stronger surveillance was needed to ensure orderly, fair and efficient trading. BEI hopes the changes will build investor confidence and strengthen governance in Indonesia’s capital market.
