Indonesia stocks up nearly 5 percent after Trump tariff pause

BSS
Published On: 10 Apr 2025, 09:07

JAKARTA, April 10, 2025 (BSS/AFP) - Indonesia's benchmark stock index rallied nearly five percent higher at the open on Thursday, after President Donald Trump announced a 90-day pause on the harshest tariffs against US trading partners.

The Jakarta Composite Index was up 289.2 points, or 4.85 percent, to 6,257.18 shortly after markets opened on Thursday, two days after stocks tanked more than seven percent in their biggest drop since 2011.

 

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