Indonesia Stocks Rebound as Authorities Step Up Response to MSCI

๐ŸŒ Bloomberg (ID) —

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Indonesian stocks rebounded after a severe selloff, following authorities' announcement of measures responding to concerns raised by MSCI. The actions are intended to avert a potential two-step downgrade of Indonesia's market classification.

Indonesian stocks rebounded from their worst rout in nearly four decades after authorities unveiled fresh measures aimed at averting a potential two-step downgrade by MSCI Inc.

Politics Markets Indonesia stocks MSCI market downgrade financial regulators equities

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