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.

 

  • Latest
  • Most Viewed
BB permits exporters to use local insurance for open account exports
14 held in anti-crime drive at Mohammadpur
Minor boy drowns in Jhenaidah
Two killed in Tangail road crash
RUCSU election campaign gains momentum again
Recent winners of the Nobel Physics Prize
Chattogram keep up winning spree in NCL T20
Bangladesh out to make winning start to ODI series against Afghans
Sumitomo Corporation opens scholarship applications for DU students
Five including an AL leader arrested for mass killing in Ashulia
১০