News
Indonesian Stocks Crash 5.36%
Indonesian stocks have crashed another 5.36% today, wiping out $27 billion. The Jakarta Composite has fallen below 5,000 for the first time in six years. The market has lost nearly $90 billion in just two sessions. October losses now stand at 19%, with MSCI considering removing Indonesian stocks from its global indexes, potentially triggering more forced selling. Investors are concerned about the market's future.