Why Indonesia's Stocks Fell 8% in One Morning

Indonesia's stocks fell 8% at open October 16, 2026, forcing a trading pause, Jakarta Globe and the Financial Times reported. Index firm MSCI, whose lists guide funds like shopping lists, proposed moving Indonesia from its developing-country list to standalone. The IDX Composite ended down 6.3%, per The Jakarta Post. That change would cut automatic buying by funds following those lists.