Indonesian Stocks Post Biggest One-Day Fall Since 1998 After MSCI Warning
Indonesian stocks suffered their steepest one-day fall in 28 years on Friday after MSCI said the country was no longer worthy of emerging-market status.
By Sameer ManekarIndonesian stocks suffered their steepest one-day fall in 28 years on Friday after MSCI said the country was no longer worthy of "emerging market" status, threatening billions of dollars in capital outflows from Southeast Asia's largest economy.In a surprise move on Friday, MSCI sa…