Indonesian stocks plunge most since 1998 after MSCI downgrade warning
4 sourcesLeft-leaning 1Center 3Right-leaning 0
Summary
Indonesian stocks suffered their steepest one-day drop since the 1998 Asian financial crisis after MSCI, an index provider, warned the country risked being removed from its indexes. The warning added to investor concerns over economic policies under President Prabowo Subianto.
Left-leaning
- Indonesian Stocks Plunge as MSCI Threatens to Drop Market from IndexesNew York Times · Oct 16, 6:30 AM
Center
- Indonesian stocks sink most since 1998 on MSCI downgrade warningReuters · Oct 15, 10:40 PM
- Indonesia Stocks Log Worst Day Since 1998 on MSCI Downgrade WarningWall Street Journal · Oct 16, 3:18 AM
- Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warningAssociated Press · Oct 16, 5:48 AM