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Indonesian Stocks Fall to Six-Year Low, MSCI Downgrade Concerns Mount, Regulators Tighten Trading Restrictions
Indonesia's stock market fell sharply for a second consecutive trading day on Monday, with the benchmark index hitting a six-year low, after global financial services firm MSCI proposed a potential downgrade of the country's market to standalone status. In response, the Indonesia Stock Exchange on Monday lowered the auto-rejection floor for some stocks and strengthened market supervision.
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