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Responding to MSCI's Announcement, Deputy Coordinating Minister for Economic Affairs Says MSCI Isn't Always Right

Summary by katadata.co.id
Drajad gave an example of an analysis conducted on the German stock exchange, where MSCI-recommended stocks actually provided negative returns.
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The Deputy Coordinating Minister for Economic Affairs asked investors not to panic in response to the MSCI announcement.

Investors need to conduct fundamental analysis independently and not just follow the growing sentiment in the market.

REPUBLIKA.CO.ID, JAKARTA -- Deputy Coordinating Minister for Economic Affairs Dradjad Wibowo responded to Morgan Stanley Capital International's (MSCI) request for increased law enforcement in Indonesia's capital markets. Dradjad said that stakeholders in the capital market sector...

Drajad gave an example of an analysis conducted on the German stock exchange, where MSCI-recommended stocks actually provided negative returns.

Deputy Coordinating Minister for Economic Affairs, Drajad Hari Wibowo, said that investors should not panic and must conduct objective analysis.

Deputy Coordinating Minister for Economic Affairs Dradjad Hari Wibowo assessed that MSCI is not always accurate. He urged Indonesian investors not to panic and to conduct their own analysis.

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CNBCindonesia broke the news on Friday, October 16, 2026.
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