Market downgrade risk: IDX closes down 12%, marking its steepest one-day fall in 28 years

CNA6 days ago7:41

Indonesian stocks suffered their steepest one-day fall in nearly three decades, after index provider MSCI warned it could downgrade the country further from "emerging market" to "standalone" status. CNA spoke to Ari Jahja, Head of Indonesia Research at Macquarie Capital.

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Market downgrade risk: IDX closes down 12%, marking its steepest one-day fall in 28 years | PiQ Markets