Indonesian stock markets dropped to a six-year low as concerns over a MSCI downgrade increased
Indonesian stocks fell sharply on Monday for the second day in a row. The Indonesia Stock Exchange lowered its auto-rejection threshold to 7 percent. MSCI signaled it would exclude Indonesian stocks from its global indices.
- Indonesian stocks fell more than 5 percent in early trading on Monday.
- Goldman Sachs warned that a full removal from MSCI could trigger $5.6 billion in outflows.
Outlets: Free Malaysia Today, Handelsblatt, International: Top News And Analysis, Nikkei Asia, The Diplomat, The Jakarta Post
Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy