GgoogleGB first seen 4 d ago, last 4 d ago, peak #1
Indonesia selloff deepens on MSCI index removal risk
Original: jakarta
Indonesia is facing a deepening selloff across stocks and bonds, with Bloomberg reporting that markets in Jakarta are under pressure over the risk of MSCI removing Indonesian assets from its indices. Investors are pulling out of the country's financial markets, putting further strain on the rupiah and Indonesian equities. The potential index exclusion would force passive funds to cut exposure, intensifying outflows.
Why now: Fears that MSCI could drop Indonesian assets from its indices are triggering a broad market selloff.
Evidence
- Indonesia’s Selloff Deepens Across Stocks, Bonds on MSCI Risk · Bloomberg.com
Elsewhere
API: https://socialmediatrends-api.osmike.com/v1/trends/2886349