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The Jakarta Composite Index fell 0.79% to 4,865 by mid-morning after opening more than 1.5% lower. The rupiah held near Rp18,130 per dollar, while Brent stayed above $100 amid US-Iran negotiation plans and coal traded near 3-year highs.
Brent above $100 and coal near multi-year highs raise energy and fuel costs for feed production and transport, while a weak local currency adds to import costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.