Jakarta, Oct. 19 -- Coordinating Minister for Economic Affairs Airlangga Hartarto said the weakening of the Jakarta Composite Index (JCI) is a natural occurrence when the market faces negative sentiment.

The JCI experienced a turbulent session on Monday, plunging below the 5,000 threshold at opening before recovering slightly to close above the mark.

The morning bell saw the JCI shed 223.23 points-or 4.31 percent-down to 4,961.88, while the blue-chip LQ45 index dropped 5.52 percent to 480.50.

The downward pressure followed an announcement by global index provider Morgan Stanley Capital International (MSCI) that has initiated consultations regarding a potential reclassification of the Indonesian capital market to a "standalone market" s...