Indonesia says stock market reform drive completed after Feb's selloffs
Orientul Mijlociu
JAKARTA, April 2 : Indonesia has completed key stock market reforms ahead of a self-imposed deadline linked to MSCI's May index review, a senior official said on Thursday, following mass equity selloffs triggered by an MSCI warning earlier this year. The proposed reforms were unveiled after index provider MSCI warned in late January that the country was at risk of being downgraded amid concerns about a lack of transparency around stock ownership and trading. Around $120 billion of market value
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