INDONESIA-JAKARTA-STOCK EXCHANGE-PLUNGE

Xinhua
08 Apr 2025, 17:15 GMT+10

(250408) -- JAKARTA, April 8, 2025 (Xinhua) -- A display panel showing the Composite Stock Price Index is pictured at the Indonesia Stock Exchange building in Jakarta, Indonesia, April 8, 2025.

Indonesia's stock market temporarily halted trading for 30 minutes on Tuesday morning after the main index plunged 9.19 percent at the opening, following a long holiday for the Eid al-Fitr festival.

Trading was suspended from 09:00 to 09:30 a.m. local time in accordance with Indonesia Stock Exchange (IDX) regulations to maintain fair, orderly, and efficient trading. The halt was triggered automatically when the index fell more than 8 percent.

At the resumption of trading at 09:30, the main index fell further by 619.30 points or 9.51 percent to 5,891.32. (Xinhua/Agung Kuncahya B.)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.

More Information

null in null

Business

Section

U.S. drug tariffs could disrupt generics, raise costs for consumers

WASHINGTON, D.C.: President Donald Trump is preparing to extend his aggressive tariff strategy to the pharmaceutical industry, setting...

Nestlé fires CEO Freixe after probe confirms relationship with staffer

ZURICH, Switzerland: Nestlé has ousted Chief Executive Laurent Freixe after determining he failed to disclose a romantic relationship...

Australian watchdog takes ALDI suppliers to court over collusion

CANBERRA, Australia: Australia's competition watchdog has taken four fresh produce suppliers and three executives to court, accusing...

U.S., stock markets make broad gains Thursday

NEW YORK, New York - U.S. stock markets closed sharply higher on Thursday, with the Nasdaq Composite leading the charge as investor...

Asian factory activity shrinks as US tariffs bite, China bucks trend

TOKYO, Japan: Factory activity across much of Asia remained under pressure in August as U.S. tariffs hit exports, private surveys showed,...

Study says Wegovy cuts heart risk more than Lilly’s Mounjaro, Zepbound

BAGSVÆRD, Denmark: Novo Nordisk said its weight-loss drug Wegovy sharply outperformed Eli Lilly's Mounjaro and Zepbound in reducing...

Southeast Asia

Section