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Indonesian leader rejects market downgrade warning after stock market sell-off

Published . Updated .

Covered by 5 outlets: WRAL, WTOP News, Yahoo Finance, Bozeman Daily Chronicle, KVUE.

Who covered it: Center 1 · Not rated 4. How we rate outlets

Indonesian leader rejects market downgrade warning after stock market sell-off

JAKARTA, Indonesia (AP) — Indonesian President Prabowo Subianto rejected a warning from Morgan Stanley Capital International that could lead to the country's stock market being downgraded, saying his country would not be pressured by external parties.

Directly affected

  • MS Morgan Stanley

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MS———————
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————

Market Call

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Indonesian leader rejects market downgrade warning after stock market sell-off WRAL

Source: WRAL

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

62 out of 100

“Indonesian leader rejects market downgrade warning after stock market sell-off” scores 62 out of 100. The score uses 5 sources.