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Bloomberg
Indonesian stocks slumped on Tuesday, triggering a trading halt for the third time in a week.
The Jakarta Composite Index ended the day down 5% to its lowest level since January 2016. A total of $356 million in equity value changed hands as of the time of the market suspension , Laksono Widodo, director of trading and membership at the Indonesia Stock Exchange, said in a statement.
Indonesia’s benchmark gauge has lost 29% this year as concern over coronavirus outbreak. The rupiah also extended its loss into a fifth consecutive day on Tuesday, losing 1.6% to 15,173 against the US dollar.