Indonesia Stock Exchange (IDX) management will meet global index provider MSCI on Monday to seek clarification over concerns that could lead the country's stock market to lose its emerging-market status, as a sharp selloff pushed the benchmark index to a six-year low, Reuters reported.
IDX Chief Executive Jeffrey Hendrik said the exchange would hold an online meeting with MSCI later on Monday after the index provider announced Friday that it was considering downgrading Indonesia to standalone market status.
