FTSE Russell Postpones Indonesia Index Review

IHSG - SINGAPORE. Index provider FTSE Russell has postponed a scheduled review for Indonesia, due to uncertainty about how freely stocks trade, in a fresh blow for markets in Southeast Asia's biggest economy which are facing criticism over trading and transparency.

About $120 billion has been wiped from the benchmark Jakarta Composite after larger rival MSCI warned last month the country risked a downgrade to frontier status.