Indonesia’s Danantara pledges $5 billion to home-grown companies as MSCI once again threatens a downgrade
- MSCI: 2 events in the last 90 days
- Previous: earlier the same day · Indonesian stocks plunge 11% as MSCI proposes emerging market downgrade
What happened
Chief investment officer Pandu Sjahrir says consumer stocks are cheap; MSCI's proposed standalone reclassification threatens to deepen the sell-off.
Summary assembled by rule from the sources below