Tag Archives: Crisis

Indonesia’s Inventory Market Disaster Is Self-Inflicted – The Diplomat

Indonesia’s Inventory Market Disaster Is Self-Inflicted – The Diplomat

On Friday, October 16, Indonesia’s inventory market suffered its worst one-day decline because the 1998 Asian monetary disaster. The Jakarta Composite Index plunged 11.6 p.c following the worldwide index supplier MSCI’s announcement that it was contemplating eradicating Indonesia from its Rising Market classification and putting it immediately into its Standalone Market class. The promoting continued …