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flag Indonesia's stock market plunges amid economic policy uncertainty and fears of U.S. tariffs.

flag Indonesia's stock market, tracked by the Jakarta Composite Index, saw significant declines due to investor uncertainty over economic policies under President Prabowo, concerns about fiscal stability, and the impact of potential U.S. tariffs. flag The index fell sharply, reflecting worries over the transfer of state companies to a new sovereign wealth fund and the potential resignation of Finance Minister Sri Mulyani. flag This has led to a drop in investor confidence, with foreign investors accelerating their divestments. flag The rupiah and bond market also faced instability.

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