📈 Business
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Bloomberg
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Indonesia Sees Biggest Foreign Stock Outflow in 21 Years
Indonesian stocks recorded their biggest foreign capital outflow in more than 21 years, likely driven by block trades in palm oil producer PT FAP Agri. The sell-off came amid heightened scrutiny over ownership structure following concerns raised by MSCI Inc. regarding the company's investability.
Indonesian stocks recorded their biggest foreign outflow in more than two decades, likely driven by block trades in palm oil maker PT FAP Agri, amid heightened scrutiny on ownership in the wake of MSCI Inc.’s investability concerns.