Bull Theory(@BullTheoryio):🚨 Indonesia’s stock market crashes over -11% recording its biggest crash since 1998. MSCI is considering downgrading Indonesia from an "emerging" market to a "standalone" market. A standalone downgrade could force global funds to sell Indonesian stocks, triggering billions of dollars in outflows. The move comes amid concerns over market transparency concentrated ownership and trading integrity. The announcement triggered a massive sell-off and forced a temporary trading halt. The Indonesian rupiah falls to 18,070 per dollar, nearing its record low of 18,190.

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Bull Theory@BullTheoryio

2026.10.16 06:50

🚨 Indonesia’s stock market crashes over -11% recording its biggest crash since 1998. MSCI is considering downgrading Indonesia from an "emerging" market to a "standalone" market. A standalone downgrade could force global funds to sell Indonesian stocks, triggering billions of dollars in outflows. The move comes amid concerns over market transparency concentrated ownership and trading integrity. The announcement triggered a massive sell-off and forced a temporary trading halt. The Indonesian rupiah falls to 18,070 per dollar, nearing its record low of 18,190.