Macro$MSCI $MAMA11:39 PM ET

Potential MSCI Downgrade of Indonesia Could Redirect Foreign Flows to Malaysia

By BORSA NewsroomPublished Nov 12, 2026, 11:39 PM ESTUpdated Nov 12, 2026, 11:39 PM EST

Hong Leong IB says a potential MSCI downgrade of Indonesia is country-specific but could redirect foreign fund flows to Malaysia. The firm maintains its end-2026 KLCI target at 1720.

Sentimentbullish 65

Bullish · 65 of 100

Impact30

low · stays off the top drivers

Confidence70%

moderate confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Hong Leong IB analyst Jeremy Goh published a note on potential MSCI downgrade of Indonesia