FTSE Russell maintains Indonesia as Secondary Emerging Market

FTSE Russell has maintained Indonesia's classification as a Secondary Emerging Market in its October 2026 announcement. The index provider did not place Indonesia on its Watch List, opting instead to continue monitoring the country's capital market integrity reforms.

FTSE Russell is evaluating the effectiveness of several recently implemented measures designed to address previous concerns regarding data transparency and replication. These reforms include enhanced shareholder disclosure, the expansion of investor classification categories, minimum free float requirements, and strengthened market surveillance tools.

The provider intends to continue engaging with market participants to gather feedback on these developments. A further update regarding the treatment of Indonesian securities is expected ahead of the December 2026 index review, which will take into account the progress of these reforms and stakeholder input.