Prabowo policies, 'stock frying,' weigh down Indonesia in emerging market race

2026-02-03 - 02:35

Market meltdown: A visitor takes photos of a digital screen showing the movement of the Composite index at the Indonesia Stock Exchange (IDX) in Jakarta on Monday, Feb. 2, 2026. The Composite index fell 442.44 points, or 5.31 percent, to 7,887.16 in the first trading session, while the LQ45 index of 45 leading stocks dropped 33.16 points, or 3.98 percent, to 800.37.