MSCI Review Threatens Indonesia’s $570 Billion Stock Market Benchmark Status
Indonesia’s shares fell 11% after MSCI said it might remove the country’s $570 billion stock market from its benchmark indices.
By Hudson LockettThe country's shares nosedived 11% after the index provider said it might kick the $570 bln stock market from its benchmark indices. Perhaps the Southeast Asian economy merits such a downgrade. But blindsiding the bourse and others on such a major decision should be verboten.Full v…