Reported about 9 hours ago
Indonesia's stock market is facing significant challenges as political shifts under newly elected President Prabowo Subianto create uncertainty. Investors are worried about the impact of Prabowo's welfare policies on public finances, leading to a recent drop in stock prices and suspicions of political interference with the newly established sovereign wealth fund. The overall market sentiment remains cautious, with foreign investments declining and analysts citing concerns about fiscal discipline and policy clarity.
Source: YAHOO