Indonesia Stocks Log Worst Day Since 1998 on MSCI Downgrade Warning WSJ.com: World News By: Amanda Lee · Ying Xian Wong 16 October 2026 at 10:18 Indonesian stocks suffered their steepest drop since the Asian financial crisis in 1998 after index provider MSCI warned the country risked being removed from its indexes. © Bay Ismoyo/Agence France-Presse/Getty Images