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Indonesia stocks rebound as questions persist over market fix

Image: Moneycontrol.com. Rights remain with the publisher.

The Jakarta Composite Index rose as much as 4.3%, clawing back some of a roughly 15% two-day plunge that was its steepest since 1989. Even after the rebound, Indonesia remains the world’s worst-performing stock market.

Indonesian stocks rebounded after authorities moved to stave off a potential two-step downgrade by MSCI Inc., though questions remain over whether the measures go far enough to address the index provider’s concerns. The Jakarta Composite Index rose a... [4304 chars]

Read the full report on Moneycontrol.com

Story file

Section
Business
Topics
Stock market
First reported by
Moneycontrol.com
Published
Tuesday, 20 October 2026, 11:44 am IST
Coverage
One outlet so far

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