MSCI threatens Indonesia's market status
📡 Bloomberg Markets · 1 min read ·
Part of composite article Indonesia Stocks Plunge 11% as MSCI Warns It May Drop the Country From Its Indexes View full article →
Indonesia's stocks suffered their biggest drop since January. The decline came after MSCI Inc. warned that Indonesia no longer qualifies as an emerging market.
MSCI is a major index provider. Its indexes guide global investors on where to put their money.
If MSCI removes Indonesia, the country could be dropped from its global indexes. That raises fears of foreign capital leaving the market.