Indonesia's IHSG falls 3.78% to 4,904 with Rp759bn foreign outflow

Indonesia's Jakarta Composite Index (IHSG) fell 3.78%, or 192 points, to close at 4,904, accompanied by a foreign outflow of Rp759 billion. A simulation suggests a potential correction to 4,220-4,400 if Indonesia is downgraded to standalone status from MSCI Emerging Markets, with potential foreign outflows of up to US$3.47 billion.

Detected & updated continuously · Source: Nebula