---
title: Indonesian stocks plunge -12%, the most since the Asian Financial Crisis in the late 1990s.
description: "MSCI weighs removing Indonesia from its global benchmarks, says it no longer merits EM status\n\nSource: David Ingles, Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Indonesian stocks plunge -12%, the most since the Asian Financial Crisis in the late 1990s.](https://blog.syzgroup.com/syz-the-moment/indonesian-stocks-plunge-12-the-most-since-the-asian-financial-crisis-in-the-late-1990s)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 16, 2026, 3:51:53 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/indonesian-stocks-plunge-12-the-most-since-the-asian-financial-crisis-in-the-late-1990s)

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