https://www.live-feeds.com/feed/wash-trades-and-5-000-gains-inside-indonesia-s-msci-hustleContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wash-trades-and-5-000-gains-inside-indonesia-s-msci-hustlehttps://www.live-feeds.com/feed/wash-trades-and-5-000-gains-inside-indonesia-s-msci-hustle#u175932Thu, 05 Nov 2026 01:31:13 +0000Indonesian stocks have fallen between 40% and 41% as suspected market manipulation, termed the MSCI trade, threatens a costly index downgrade. The crisis stems from wash trading schemes that inflated valuations, including one stock, PT XYZ, which rose from IDR 100 to IDR 5,100 in one month during late 2023. While the Indonesian central bank chief describes the MSCI warning as a short-term shock, the government is now targeting tycoons allegedly behind gorengan shares to stabilize the market.Why it mattersMSCI indices serve as a primary gauge for emerging markets and dictate significant foreign