Reported about 12 hours ago
Indonesia's benchmark stock index has experienced a nearly 10% drop from its yearly high, primarily due to slowing economic growth and uncertainties following Donald Trump's election victory. The Jakarta Composite Index fell to its lowest since early August as foreign investors pulled out a net $52.9 million over 16 consecutive days, driven by a stronger dollar impacting emerging markets. Economic indicators show the slowest growth in GDP and corporate profits in a year, prompting the new president to consider measures to boost consumer spending.
Source: YAHOO