Market panic worsens in Indonesia as it’s tipped to be downgraded to Zim group

News24 Business19 October 2026 at 13:34

Indonesian capital markets were battered on Monday, with stocks hit by a record two-day rout as an expulsion ‌warning from MSCI scared off investors, heaping pressure on Jakarta to respond to the index provider’s ⁠long-standing concerns.

This story was written and published by News24 Business. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.