MSCI Threatens Rare Indonesia Index Exclusion — SkimNews
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- MSCI threatened to drop Indonesia from its global equity indexes in a rare exclusion that could sever the country from passive global capital flows
- Indonesian stocks plunged on the MSCI downgrade warning, logging their worst single-day decline since 1998 according to WSJ coverage
Why it matters: An MSCI exclusion would compel global passive funds tracking its indexes to liquidate Indonesian holdings, compounding a selloff that has already delivered Indonesian equities their steepest one-day loss since the 1998 Asian financial crisis. Indonesia's access to global portfolio capital is directly at stake.
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