EMERGING MARKETS — Jakarta stocks plunge 11% as MSCI set to drop Indonesia from indexes
Oct 16 (Reuters) — Indonesian stocks tumbled more than 11% on Friday and the rupiah weakened sharply after index provider MSCI said the Jakarta stock market was no longer worthy of "emerging market" status, in a major setback for Southeast Asia's biggest economy. Jakarta's benchmark index plunged 8% at the open, trigge