Why Is Indonesia’s Stock Market Crashing? | Market Watch EP4
Indonesia’s stock market has fallen 38% this year, making it one of the world’s worst performers. Wong Shou Ning explains why: MSCI has proposed downgrading Indonesia to a “standalone” market, a move that could trigger about US$4 billion in forced selling.
She also covers the concerns behind the proposal and how Jakarta has responded, including a weekend meeting with Instagram finfluencers.
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