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Indonesia’s MSCI Crisis Driven By Wash Trades and 5,000% Rallies

Bloomberg Markets·November 1, 2026·1 min read

Indonesia faces a potential MSCI index downgrade due to stock trading schemes involving wash trades and rallies of up to 5,000% that enriched the country's tycoons. The practices have drawn scrutiny from regulators and investors, threatening the nation's standing in global markets and potentially triggering capital outflows.

Read at Bloomberg Markets
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