SINGAPORE, June 19 (Reuters) - Indonesian stocks swung

between gains and losses on Friday as investors assessed MSCI's ( MSCI )

latest warning about Indonesia's investability ahead of

Tuesday's high-stakes decision over the country's emerging

markets status.

Jakarta stocks were last down 0.5% in early trading

after MSCI ( MSCI ) on Thursday lowered Indonesia's information flow

criterion to negative, reflecting opacity in ownership data and

market activity, but analysts deemed the review to not indicate

an impending downgrade.

Attention will now be on MSCI's ( MSCI ) decision on Tuesday, whether

the index provider downgrades Indonesia's market classification

to frontier status from emerging, a move that could trigger

outflows worth as much as $13 billion.