Indonesian Stocks Rise as Authorities Move to Restrict Selling
Indonesian stocks rose after authorities introduced measures to restrict selling, following a record two-day $82 billion rout sparked by MSCI's warning of possible removal from its global indexes.
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03:34:17 AM UTC
SquawkNews
By Amanda LeeIndonesia stocks rebounded after two sessions of heavy selling since index provider MSCI Inc. warned that the country risked being removed from its indexes.The benchmark Jakarta Composite Index rose as much as 3.4% in early trade on Tuesday. That came after the index's 15% plunge since…
By Ankur Banerjee and Stefanno SulaimanIndonesian stocks rose on Tuesday as authorities in Jakarta introduced measures to restrict selling after a record two-day $82 billion rout sparked by index provider MSCI's warning of possible removal from its global indexes.Jakarta's benchmark index IDX:COMPO…