logo
About Contact

Indonesian Market Faces Turmoil Amid MSCI Downgrade Fears and Major Stock Declines

World News

Indonesian Market Faces Turmoil Amid MSCI Downgrade Fears and Major Stock Declines

Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout

CNBC

Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout

Bank Indonesia faces growing pressure to raise rates after MSCI’s threat to cut its market to standalone status triggered a rout in stocks, weakened the rupiah.

Indonesia battles to stabilise market after MSCI expulsion threat

The Straits Times

Indonesia battles to stabilise market after MSCI expulsion threat

Jakarta’s benchmark index rose 5.3% on Oct 20, after hitting a six-year low in the previous session.

Indonesian exchange seeks to calm market after record two-day rout

The Straits Times

Indonesian exchange seeks to calm market after record two-day rout

Indonesian stocks hit a six-year low after an MSCI warning over possible index expulsion rattled investor sentiment.

Indonesian stocks continue to plunge as MSCI downgrade fears deepen

Nikkei Asia

Indonesian stocks continue to plunge as MSCI downgrade fears deepen

JAKARTA -- Indonesia's benchmark stock index fell sharply on Monday for the second consecutive trading day to its lowest level in six years, after global financial services company MSCI raised the...

Indonesian exchange to exclude high-concentration stocks from key index

Nikkei Asia

Indonesian exchange to exclude high-concentration stocks from key index

JAKARTA -- The Indonesia Stock Exchange will exclude all stocks with high shareholding concentration (HSC) from its benchmark Jakarta Composite Index (JCI), as global index provider MSCI considers...

Jakarta Stocks Sink Further in Biggest Crash Since Asian Crisis

Asia Financial

Jakarta Stocks Sink Further in Biggest Crash Since Asian Crisis

Stocks in Jakarta fell further on Monday, despite fines imposed for trading violations and other moves by officials in response to MSCI's threat to downgrade the market.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.