Indonesian Stocks Slide as MSCI Weighs Standalone Index Status
Indonesian stocks fell by the most since January after MSCI said the country no longer merits emerging-market status. MSCI is consulting on a proposal to give Indonesia standalone status, which could lead to removal from its global indexes.
Indonesian stocks fell by the most since January after MSCI Inc. said the country no longer merits emerging-market status, risking an ejection from its global indexes and triggering fears of foreign capital flight.The index provider is consulting on a proposal to give Indonesia standalone status, s…