Jakarta, 4 June 2026 – Indonesian financial markets came under heavy pressure as the country’s benchmark stock index slumped nearly 5% and the rupiah breached the 18,000 level against the US dollar, deepening investor concerns over policy credibility, currency stability and capital outflows.
The Jakarta Composite Index fell as much as 4.9%, sliding to its lowest level since April last year, while materials counters led the decline with the sector sub-index falling more than 9%. The sharp selloff reflected renewed pressure on Indonesian equities as investors reassessed risks tied to currency weakness, oil prices and domestic policy direction.
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