Indonesian stocks plunge to six-year low, wiping out $27bn more, on MSCI downgrade fears

Indonesian stocks plunged another 5.36% to below 5,000 for the first time in six years, wiping out $27 billion more, as fears mount over a potential MSCI downgrade of the country's market status. The drop follows Friday's 11.57% crash, its biggest daily fall since the 1998 Asian financial crisis.

Detected & updated continuously · Source: Nebula