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Glonghui, June 17 | Royal Bank of Canada Capital Markets analyst Tom Narayan wrote that after BMW lowered its expectations and warned that the visibility of business improvement is limited, the automaker's stock price is expected to fall sharply this morning. He added that although BMW is expanding its cost-cutting plans, the related restructuring expenses will bring additional one-off negative impacts in the second half of the year.

Glonghui June 17｜Barclays strategists have upgraded the rating of European stocks to "market-weight plus"; European luxury stocks have been upgraded to "overweight."

(1) The UOB Kay Hian Indonesia research team stated that in the upcoming MSCI assessment in June, Indonesia is likely to retain its emerging market status. (2) In late January this year, MSCI pointed out that Indonesia faced investability issues, which could lead to a downgrade to “frontier market” status. Although the Indonesia Stock Exchange has implemented reforms to improve transparency and free float, MSCI may continue to monitor market accessibility. (3) A favorable assessment outcome would serve as a near-term catalyst to reignite foreign investor interest and have a positive impact on the Indonesian market.