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Indonesian Stocks Hit Lowest Level Since 2020 on MSCI Warning

Indonesian stocks continued to slump amid concerns about market investability after MSCI cautioned that the country could be removed from its indexes.

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By Amanda LeeIndonesian stocks continued to slump and hit their lowest levels since 2020, weighed by concerns over the market's investability after index provider MSCI Inc. cautioned that the country could be removed from its indexes.MSCI last week launched a consultation to possibly reclassify Ind…