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Top CNN Indonesia News
Business · IndonesiaGoldman Sachs downgraded Indonesian equities to 'underweight' after MSCI warned of transparency issues and possible outflows. The Jakarta Composite Index fell 7.4%, indicating investor concerns. MSCI's freeze on updates may lead to significant outflows, impacting the economy amidst foreign outflows and fiscal challenges.See the Story
Goldman Sachs Downgrades Indonesian Equities Amid MSCI Concerns
60% Right coverage: 5 sources
Stock Markets · JakartaIndonesia's stock market experienced a sharp 7% drop early Wednesday after MSCI announced a freeze on certain index changes. This decision stems from investor concerns regarding free float data transparency. Indonesian authorities are actively engaged in discussions with MSCI to resolve these issues, aiming to restore market confidence.See the Story
Indonesian Stocks Tumble 7% After MSCI Applies Interim Freeze on Investability Risks
80% Right coverage: 5 sources
