Jakarta's benchmark index fell over 5% in early trading after Friday's 11.6% plunge as MSCI considered downgrading Indonesia to 'standalone' market status. (EPA Images pic)SINGAPORE: Indonesian stocks slid to a six-year low on Monday as a warning from MSCI over possible expulsion from its global indexes next year rattled fragile investor sentiment, sharpening the focus on how Jakarta intends to allay the index provider's concerns.
Jakarta's benchmark stocks fell over 5% in early trading on Monday after plunging 11.6% on Friday, as the world's worst performers reeled from index provider MSCI saying it was considering shifting Indonesia to "standalone" status from its current "emerging markets" mantle.
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AI summary Menteri Hal Ehwal Agama Zulkifli Hasan berkata beliau perlu maklumat terlebih dahulu mengenai penahanan 288 individu berkait ajaran Ahmadiyah Qadiani di Sabah.