KM Financial Solutions | SE Asia Stocks-Indonesia plunges nearly 2% on tobacco stocks
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SE Asia Stocks-Indonesia plunges nearly 2% on tobacco stocks

SE Asia Stocks-Indonesia plunges nearly 2% on tobacco stocks

Indonesian shares slumped nearly 2% on
Monday, dragged by tobacco stocks after the government announced
a steep price hike, while most other Southeast Asian markets
traded in a thin range as weak China data and a surge in oil
prices stoked slowdown worries.
The Indonesian government said late on Friday it

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