JAKARTA -- Indonesia's stock market halted trading on Tuesday for the first time since 2020 after the benchmark Jakarta Stock Exchange Composite Index plunged more than 7% from the previous day's close, reigniting concerns over economic stability and consumer sentiment.
Equities
Indonesia stocks drop more than 7%; trading halted
Middle class woes and finance minister rumors have investors worrying
Noteworthy among the hard-hit sectors on the Indonesian stock market on Tuesday were prominent tech and manufacturing companies. © Reuters
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