Factbox-Indonesia suffers a series of market sentiment setbacks in 2026

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Futures lower, oil rises as Iran conflict enters fifth day - what’s moving markets Oil prices surge higher as conflict threatens supply; Goldman lifts forecasts South Korean stock trading temporarily halted as KOSPI slides over 11% Dollar consolidates near highs as crude prices escalate (South Africa Philippines Nigeria) Factbox-Indonesia suffers a series of market sentiment setbacks in 2026 By Stock Markets Published 03/04/2026, 05:20 AM Updated 03/04/2026, 05:25 AM Factbox-Indonesia suffers a series of market sentiment setbacks in 2026 0 JKIDX30 -3.94% ICBP -2.92% TLKM -7.25% UNTR -1.87% IDFR0042=RRPS -0.09% IDFR0056=RRPS -0.05% IDFR0076=RRPS -0.10% IDGV5YUSAC=R 3.80% JKIDX80 -4.51% JAKARTA, March 4 - Fitch downgraded Indonesia’s sovereign credit rating outlook from stable to negative on Wednesday, the latest in a series of blows to investor sentiment in Southeast Asia’s largest economy. Following are some details of the setbacks suffered over the last two months by the $1.4 trillion economy, which is a G20 member and a global commodities powerhouse, as well as some of its responses: * Global index provider MSCI in January froze any changes toits Indonesian stock listings over concerns about ownership andtrading transparency. It also warned that Indonesia could bedowngraded from "emerging market" to "frontier market" status ifit failed to resolve the issues. Around $120 billion in marketvalue was wiped out from Indonesia’s stock exchange followingMSCI’s announcement. * Also in January, Goldman Sachs lowered its view onIndonesian equities to "underweight" and estimated that foreigninvestment outflows could reach $7.8 billion if Indonesia weredowngraded by MSCI to frontier market status, though it deemedthe scenario unlikely. * In February, rating agency Moody’s cut Indonesia’s creditrating outlook to "negative" from "stable", citing reducedpredictability in policymaking. Like Fitch, it maintained itsrating a...