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Stock impact report

Indonesian stock exchange CEO resigns after $84 billion market wipe out [CNBC]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: CNBC
Iman Rachman, chief executive officer of the Indonesia Stock Exchange (IDX), speaks to members of the media in Jakarta, Indonesia, on Friday, Jan 30, 2026. Rachman said he will step down following a two-day market rout sparked by MSCI Inc.'s warning of a possible downgrade. Bloomberg | Bloomberg | Getty Images Indonesian stock exchange CEO Iman Rachman resigned on Friday, following a rout that saw the country's share market lose $84 billion over the past two days, on concerns over a possible downgrade by INdex provider MSCI. In a release , the Indonesian Stock Exchange said Rachman had stepped down, taking responsibility for “recent market condition,” without elaborating. At a press conference Rachman said that “I hope this is the best decision for the capital market. May my resignation lead to improvements in our capital market,” according to Reuters “Hopefully, the index, which opened positively this morning, will continue to improve in the coming days,” he added. MSCI Show less Read more
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