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via finance.yahoo.comMarkets

Asian stocks rebound after tech sell-off; Indonesia falls on MSCI downgrade warning

FROM THE WIRE · FINANCE.YAHOO.COM

HONG KONG (AP) — 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…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible MSCI downgrade of Indonesia could trigger capital outflows from emerging markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01South Korea's Kospi jumped 3.6% after falling 7.6% the day before.
  2. 02Japan's Nikkei 225 rose 1.9% to 65,658.59.
  3. 03MSCI warned it could downgrade Indonesia from emerging market status.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
KOSPIINDEX:KS11Index5,668.05Market closedtoday +2.05%Positive Nikkei 225INDEX:N225Index65,324.29Market closedtoday +1.39%Positive Jakarta Composite IndexINDEX:JKSEIndex5,201.53+0.05%today -11.29%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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