From Nikkei Asia · · 40s
Indonesia Stocks Plunge After MSCI Downgrade Threat
Indonesian stocks plummet as MSCI signals possible downgrade from emerging market status.
In brief
Indonesian stocks plummet as MSCI signals possible downgrade from emerging market status. Indonesian stocks plunged over 10% after MSCI warned it might strip Indonesia of emerging market status. Originally reported by Nikkei Asia.
Indonesian Stocks Plunge
Indonesian stocks plummeted on Friday after MSCI announced it might downgrade the MSCI Indonesia Index from emerging market to standalone market status.
MSCI Signals Possible Downgrade
MSCI might strip Indonesia of emerging market status unless sufficient progress is made in its stock market.
Market Concerns Mount
Jakarta Composite Index plummets over 10% as concerns over capital outflows mount.
The headline
Indonesian stocks plunged over 10% after MSCI warned it might strip Indonesia of emerging market status.
