Jakarta, Indonesia, Oct 19, 2026 (AFP) - Indonesian stocks hit six-year low as downgrade looms

NAMPA / AFP

2026-10-19

The main stock index in Jakarta closed at its lowest level in six years on Monday, following sharp losses last week, as index compiler MSCI considers stripping Indonesia of its emerging market status. The Southeast Asian nation's benchmark Jakarta Composite Index (JCI) fell 3.6 percent to close at 4,996, a level last seen in 2020. It was the second consecutive day of heavy losses after the JCI plunged more than 11 percent on Friday in the biggest......

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