PAP outsize indonesia stock market.

[syed putra]

Singapore beats Indonesia as biggest Southeast Asian stock market​

Singapore beats Indonesia as biggest Southeast Asian stock market​

2 mins ago

Bloomberg
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The total market capitalisation of Indonesian-listed companies has fallen from a peak in January to US$618 billion, while Singapore’s has climbed to US$645 billion.​

https://www.kwsp.gov.my/ms/ahli/sim...ch-media_isaraan_jomtambah2025_re_img_mass_bm
https://www.kwsp.gov.my/ms/ahli/sim...ch-media_isaraan_jomtambah2025_re_img_mass_bm

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https://www.kwsp.gov.my/ms/ahli/sim...ch-media_isaraan_jomtambah2025_re_img_mass_bm
Singaporean equities have benefited from economic and political stability, as well as government-led market reforms. (AFP pic)
SINGAPORE: Indonesia continues to notch one grim milestone after another. The latest: losing its status as Southeast Asia’s largest stock market to Singapore.
The total market capitalisation of Indonesian-listed companies has fallen from a peak in January to US$618 billion, while Singapore’s has climbed to US$645 billion, according to data compiled by Bloomberg.

Investor sentiment in Indonesia has increasingly soured in recent months amid uncertainties over a potential equities reclassification to frontier markets, as well as Fitch Ratings Inc. and Moody’s Ratings both cutting their credit rating outlooks to negative. Its stock benchmark sits at the bottom among global peers while the rupiah has touched a succession of record lows.