BusinessPhoto: NDTV BusinessIndonesia Stocks Drop Nearly 11% Amid MSCI Downgrade Concerns
Indonesia's IDX Composite index opened at 5,393.92, down from its previous close of 5,863.78. The index fell 10.76% to 5,233, nearing its 52-week low of 5,193.22. Its 52-week high is 9,174.47. The sharp decline follows concerns over a potential standalone market downgrade by MSCI.
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