EconomyDowngrade risk: IDX plunges 12%, its steepest one-day drop in 28 years

Name: Downgrade risk: IDX plunges 12%, its steepest one-day drop in 28 years
Uploaded: 2026-10-16T12:59:21.000Z
Description: Indonesian stocks fell 12%, their sharpest single-day decline in nearly three decades, after MSCI warned it might downgrade the country from “emerging market” to “standalone” status. CNA spoke with Ari Jahja, Macquarie Capital’s head of Indonesia research.

Indonesian stocks fell 12%, their sharpest single-day decline in nearly three decades, after MSCI warned it might downgrade the country from “emerging market” to “standalone” status. CNA spoke with Ari Jahja, Macquarie Capital’s head of Indonesia research.

CNA 2026-10-16 12:59