# Indonesian stocks post biggest drop since 1998 after MSCI flags possible standalone downgrade

https://mins.news/en/item/102568

- Reuters, 2026-10-16 05:00 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/jakarta-stocks-plunge-11-msci-set-drop-indonesia-indexes-2026-10-16/?link_source=ta_bluesky_link&taid=6ad1af6c81b9480001ba532a

> Indonesian shares fell more sharply in a single day than at any time in nearly three decades on Friday, after MSCI said the country no longer merited emerging-market status. The warning threatens billions of dollars in outflows from Southeast Asia’s largest economy.

## Related coverage

- [Indonesian stocks plunge 11% as MSCI weighs emerging-market downgrade](https://mins.news/en/item/102743) — euronews, 2026-10-16
- [Indonesian Stocks Sink as MSCI Weighs Downgrade](https://mins.news/en/video/102622) — Bloomberg Television, 2026-10-16
- [Indonesia faces possible ejection from global stock indexes](https://mins.news/en/item/102409) — Bloomberg News, 2026-10-16