GgoogleSG first seen 6 d ago, last 5 d ago, peak #1
Indonesian stocks plunge on MSCI expulsion threat
Original: ihsg
Indonesian markets are in turmoil after MSCI warned it could exclude the country from its global indexes, triggering panic selling and wiping out roughly $85 billion in market value in what local media call a Black Week for the Indonesia Stock Exchange. Officials are seeking clarification from MSCI, while the government weighs a reported $5 billion bet to support its own market, with some calling the warning a wake-up call.
Why now: A rare MSCI downgrade threat has sent Indonesian stocks tumbling and raised fears the country could be cut off from global capital.
IndonesiaMSCIIndonesia Stock Exchange
Rank over time, top of the chart is #1. 27 snapshots from 6 d ago to 5 d ago.
Evidence
- Indonesian stocks plunge to six-year low as MSCI downgrade fears mount · CNBC
- Indonesia's $5 billion bet on its own stock market · Fortune
- Indonesia stock exchange to meet MSCI on Monday, seeking clarification on downgrade warning · The Business Times
- 'Panic' selling hits Indonesian markets on MSCI expulsion threat · Reuters
- Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion · Jakarta Globe
- Indonesia faces rare MSCI exclusion that could cut it off from global capital · Reuters
- Indonesia gets 'wake-up call' as MSCI prepares to expel it from global indexes · Reuters
- Frail Indonesian markets reel after MSCI shock warning, Money News · AsiaOne.com
- Indonesia stocks plunge after MSCI says market could be cut from indices · Financial Times
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