Indonesia MSCI alert sends ripples to Malaysia


GLOBAL equity markets were jolted recently when global index provider MSCI warned that Indonesia’s stock market may be reclassified from an emerging market to a frontier market unless structural issues are addressed by May.

This warning caused the benchmark Jakarta Composite Index to plunge sharply, by as much as 8% to 10% in a single session, triggering automatic trading halts and sparking widespread investor panic.

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