✉news BusinessMarkets first seen 2 d ago, last 2 d ago, peak #11
Indonesian stocks sink to six-year low on MSCI downgrade fears
Original: Indonesian stocks plunge to six-year low as MSCI downgrade fears mount
Indonesian shares have fallen to their lowest level in six years as investors grow worried that MSCI could downgrade the country's equity market status, potentially reducing foreign capital flows into Jakarta-listed stocks. The decline adds to pressure on Southeast Asia's largest economy, with traders monitoring whether the index provider confirms any change to Indonesia's classification.
Why now: Fears of an MSCI downgrade to emerging-market status are rattling foreign investors and driving a sell-off in Jakarta.
IndonesiaMSCIIndonesia Stock Exchange
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