BusinessPhoto: Mint MarketsIndonesian Stocks Fall Amid MSCI Downgrade Concerns
Indonesian shares dropped, ending a two-day rebound, due to renewed worries about MSCI's warning to downgrade Indonesia's emerging-market status. The Jakarta Composite Index fell up to 2.7% before recovering some losses. President Prabowo Subianto expressed defiance against MSCI, raising doubts about market reforms. Analysts suggest Indonesian assets may become cheaper unless MSCI's conditions improve significantly.
Mint Markets·


