Indonesian Stocks Resume Selloff on Weaker Commodity Prices

Indonesian stocks resumed their selloff Monday, weighed by weaker commodity prices, complicating efforts by regulators to shore up confidence in Southeast Asia’s biggest equities market.

The benchmark Jakarta Composite Index fell as much as 5.1%, with miners and energy firms the biggest laggards. The decline tracked regional risk-off sentiment as metals prices plummeted and the dollar strengthened following President Donald Trump’s nomination of a new Federal Reserve chair.