The Dow Jones dropped 1.84% to 21,917. The Dow Jones recorded the sharpest quarterly declines since 1987, and S&P 500 on a quarterly basis plunged to the deepest since the financial crisis as the virus pandemic throws the economy into disarray. In the domestic backdrop, investors anticipate today’s inflation reading. Bank Indonesia (BI) estimates March 2020 inflation to stand at 0.13% m-m or 3% y-y, driven by gold jewelry and shallot.
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