JAKARTA (Bloomberg): Indonesian stocks dropped more than 5% on Tuesday, triggering a trading halt for a third time in a week as equities tumbled across US and Asia.
The Jakarta Composite Index fell to 4,456.099, its lowest level since January 2016. The benchmark index is down 29.3% so far this year. Total transaction value at 5.4 trillion rupiah (US$356.2 million) as of time of halt, said Laksono Widodo, director of trading and membership at the Indonesia Stock Exchange, in a statement.
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