Economic TimesLean R·
Indonesia’s $1.5 trillion market faces a historic downgrade: Why global investors are worried
Indonesia’s $1.5 trillion stock market plunged after MSCI warned that its emerging-market classification may no longer be appropriate, raising fears of billions of dollars in foreign outflows. Concerns over market transparency, opaque shareholding structures and policy credibility have intensified investor anxiety, with Indonesian equities down nearly 40% in 2026.
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