On the one hand, after a long decline, the Indian Stock Exchange is finally visible in Green, and on the other hand, the stock market has suddenly occurred on a country’s stock market. We are talking about Indonesia, where the Jakarta mixed code suddenly broke up about 5 percent, and then caused a stir among investors. The stocks of companies associated with the health department here have seen a huge decline. Let us learn about the reasons behind the earthquake on the Indonesian stock market …
Once the Jakarta mixed footprint is open
On Monday, some Asian markets found laziness in the midst of mixed global signals, but Indonesia’s market was in poor condition. Increased fear among investors on the already corrupted Indonesia economy has impacted the market and the country’s Jakarta mixed index fell with a sharp decline of 4.7%. The fall in Bloomberg’s report is believed to be the economic policies headed by President Prabovao.
Last week came a huge decline
The situation of concern for the Indonesian economy has not long been harassing investors. Earlier last week, the Indonesia Stock Exchange slipped badly and the biggest decline was recorded for more than a decade. The continuous decline of consumer spending with a weak economy has affected investors’ feelings.
On Tuesday, the Jakarta Mixed Code fell to 7.1%, which was the largest Intrade decline in September 2011. Due to this decline, trading was stopped on the stock market. The stock market could not do any business about 30 minutes. Let us know that such a situation has been seen for the first time since the Corona period. The Indonesian currency also plays an important role in this fall against the dollar.
Concern over the country’s financial health
In a report on the South Sain Morning Post, economists have described a number of factors for the staff of the share price. In these, concerns have been expressed over the country’s financial policy and economic vision. There are also speculations that the resignation of Finance Minister Mulayani Prabovo can resign. According to Barmata Bank’s chief economist Joshua Bartett, all these things are increasing the uncertainty from all these things. The result is visible on the stock market.
