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The Independent UK
The Independent UK
National
Chan Ho-Him

Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning

Stock Market Indonesia Kevin Warsh Artificial Intelligence United States Oil Economy Advanced Micro Devices MSCI
South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved.)

Asian shares mostly advanced on Friday, a day after a tech sell-off dragged stocks lower, while Indonesia’s stock market plunged following a downgrade warning.

Index provider MSCI warned it would downgrade Indonesia from its “emerging market” status, triggering growing concerns of a capital flight.

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