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Indonesian Stocks, Rupiah Weighed by Tariff PressureMarket Talk

Lezith Segala
23Days ago

Indonesian stocks tumbled as the market reopened after the Eid holiday, catching up to the declines in global equities that have racked up since Trump announced sweeping tariffs on trading partners last week. The benchmark Jakarta SE Composite Index opened 9.2% lower at 5912.06 as traders reacted to the 32% reciprocal tariff the U.S. has set for Indonesian goods. The rupiah touched a new record low, weakening to 16850 against the dollar. The tariff shock comes at a fragile time for Indonesian markets, which have experienced a wave of selloffs recently sparked in part by government policy shifts that have raised concerns about financial stability. ([email protected])

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Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.