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Indonesia's key index falls 4.5% to lowest since Sept 2012

The sell-off come amid worries about the country's wider current account deficit and about the US Federal Reserve starting to reduce its stimulus

Reuters Bangkok

 

 Indonesia's benchmark stock index fell 4.5% to 4,117, the lowest level since September 2012 on Tuesday, extending a 5.6% drop the previous session.
 
The sell-off come amid worries about the country's wider current account deficit and about the US Federal Reserve starting to reduce its stimulus.
 
Underperformers included the property sector which slid 6.3%, a day after the Indonesian finance minister said the government might raise the tax base on property sector.

 

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First Published: Aug 20 2013 | 9:47 AM IST

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