Indonesian stocks hit six-year low as MSCI downgrade fears mount

Summary

Indonesia's benchmark stock index fell to its lowest level in six years, CNBC reports, as fears mounted of an MSCI downgrade. This follows earlier reports that MSCI was considering reclassifying Indonesia from emerging-market to standalone status, potentially prompting funds tracking its emerging-market indexes to sell Indonesian holdings, and that investor confidence in President Prabowo Subianto's economic policies was under strain.

Timeline

1. CNBC

   19 Oct 2026, 03:00 UTCSource ↗

   CNBC reports that Indonesia's benchmark stock index plunged to its lowest level in six years as fears of an MSCI downgrade mounted.