16 Sep SE Asia Stocks-Indonesia sinks on disappointing trade data, U.S. tariff threat
Indonesian shares plunged on
Monday as a wider-than-expected August trade deficit and the
imminent new round of U.S. tariffs on Chinese goods hurt
investor sentiment in the region.
Indonesia’s trade deficit narrowed in August, but the gap
was larger than expected as exports growth slowed, government
data showed on Monday, adding to pressure on the rupiah and
local
Monday as a wider-than-expected August trade deficit and the
imminent new round of U.S. tariffs on Chinese goods hurt
investor sentiment in the region.
Indonesia’s trade deficit narrowed in August, but the gap
was larger than expected as exports growth slowed, government
data showed on Monday, adding to pressure on the rupiah and
local
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