Indonesian Stocks Extend Rout on MSCI Exclusion Fears
Indonesian equities fell to a six-year low as investors reacted to MSCI’s warning that it could remove the market from indexes tracked by global funds. The rupiah weakened marginally.
Indonesian equities extended their losses to a six-year low on Monday as investors remained rattled by MSCI's warning last week that it could remove the market from a suite of indexes tracked by global funds, while the rupiah weakened marginally.The Jakarta Composite Index IDX:COMPOSITE dropped mor…