Indonesia Shares Trade Slightly Lower
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Indonesia's IDX Composite fell 0.4% to 8,385, reversing previous gains due to Wall Street's drop. Investors await U.S. data post-government shutdown and Fed rate cut expectations eased. Jakarta plans a 15% export tax on gold above USD 3,200/oz. Manufacturing, consumer durables, and transport sectors led declines. Traders anticipate Bank Indonesia's rate decision, with potential future cuts signaled by Governor Warjiyo.
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