Indonesia Exchange to Meet MSCI Over Downgrade Warning
Indonesia's exchange chief executive said its leadership will meet MSCI on Monday to seek clarification after the index provider warned the market could lose emerging-market status.
The head of Indonesia’s stock exchange said its leadership would meet with global index provider MSCI on Monday. The meeting comes days after MSCI warned that Indonesia’s stock market no longer qualified for “emerging” status and could be downgraded. MSCI’s announcement on Friday surprised Jakarta…