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Indonesia Stocks Tank on Fresh MSCI EM Downgrade Threat

Reported · Written up by our desk · Equity Funds

Indonesia stocks have taken a fresh blow after MSCI launched a consultation on Friday which threatened to eject the country from its emerging market benchmarks, double-downgrading it to ‘standalone’ status. For U.S. investors, the iShares MSCI Emerging Markets ETF (EEM) tracks MSCI’s broad emerging markets index, where Indonesian equities comprise less than 0.5% of total [...] The post Indonesia Stocks Tank on Fresh MSCI EM Downgrade Threat appeared first on ETF Trends .

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