News about MSCI: events, facts and developments on tafs uz.
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On Friday most Asian markets rose after Thursday's rout driven by concerns over the AI boom. Support came from Nvidia chief Jensen Huang's defense of CoreWeave and upbeat comments from Fed chief Kevin Warsh about AI. The Indonesian market crashed more than 11% after MSCI's decision to strip the country of its emerging-market status.
Nilufar KarimovaThe Indonesian stock market fell about 11% — the largest daily drop in 28 years — after MSCI proposed reclassifying the country from emerging markets to the 'Standalone Market' category. A consultation has been launched; the final decision will be announced by the end of June 2027. According to Bloomberg, global funds have already withdrawn $4.9 billion from Indonesian equities since the start of the year, the index has fallen 39%, and the rupiah 8%.
Nilufar Karimova
