Traders Price In Fed to Trade War as Indonesian Stocks Decline
- Benchmark equity index falls 1.8% Wednesday after holiday
- iShares MSCI Indonesia ETF slid 6.6% during seven-day holiday
Photographer: Dimas Ardian/Bloomberg
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While Indonesia’s stocks typically get a lift on the first day of trading after celebrating the end of the holy month of daytime fasting, this time it’s different.
The benchmark Jakarta Composite Index fell 1.8 percent Wednesday, as the market reopened after the holiday.