TheJakartaPost
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Indonesia’s stock market took a heavy blow in late August during nationwide riots and protests. On Aug. 29, the Indonesia Stock Exchange (IDX) Composite index fell to 7,830.49 from 7,952.09 the day before, a 1.53 percent drop.
The move came after the country’s stock market and currency emerged as one of Asia’s worst-performing this year amid uncertainties due to the US' wide-sweeping tariffs and concerns over the country’s fiscal policy.
Technically insulated from the recent rout due to its holiday closure, Indonesia’s stock market will hardly escape unscathed and is likely to take a delayed hit following the sharp sell-offs on other Asian exchanges when it reopens for trade on Tuesday.
