MSCI warnings and State Liabilities Keeping Savings, Hope, and People's Economics Rights · Global Voices

By Azis Subekti, founder of the Indonesian Productive Society, members of the House of Ri Faction Gerindra.

REPUBLIK.A.CO.ID, JAKARTA- Every time the stock price moves on the trade screen, there's something moving in the lives of many.

For some, those changes might just mean a difference in profit. For others, there is child education money stored, old-age supplies, or years of labor, which has been put to great lengths.

We often talk about capital markets through numbers: how much a transaction value, how many investors, and how high the stock index.

Numbers are important. However, there is something more fundamental and not always visible on the screen, which is the belief that the money that society is instigating is in an honest management.

The person who buys stocks must understand that his efforts are either at a gain or a loss. The company can grow, can face difficulty.

However, willingness to risk the effort does not mean willing to be deceived. People are entitled to hope that the information they receive can be examined by the truth and the price formed was accidentally engineered to trap them.

The MSCI alert that the openness of stock ownership and the alleged coordinated trade in Indonesia should be understood by the interests of that society.

Indonesian placement proposal as a standalone market is not yet a final decision. Even so, we don't have to wait for the decision to see if the stock market surveillance has gone through properly.

A global index agency assessment is debatable. We have every right to question the basis of his judgment, his consistency, and their influence on interstate capital.

But let us not ignore the debate to set things right in the country. The honour of Indonesian capital markets rests on the ability to maintain the trust of the people who put money there.