Indonesian Stocks Fall 4% as Jakarta Restrictions Return

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Indonesia’s benchmark stock index fell after its capital brought back social distancing measures amid a continued rise in the number of coronavirus cases.

The Jakarta Composite Index of shares slid 4.3% as of 9:08 a.m. local time, set for the steepest drop since March. The capital will require non-essential industries to have their employees work from home and limit the use of public transportation starting Sept. 14, Governor Anies Baswedan said in a briefing late Wednesday.

Read more: Jakarta Brings Back Restrictions as Hospital Beds Fill Up

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