Indonesian Stocks, Currency Drop After Fresh Bombing

Indonesia’s stocks and currency fell after a fresh explosion rocked the main police office at Surabaya, a city that was hit by a series of bombings a day earlier.

The Jakarta Composite Index falls as much as 1.4 percent to 5,873.192 and the rupiah retreated as much as 0.3 percent to 13,993 to a dollar after the at the headquarters of Surabaya police at 8:50 a.m. local time, Frans Barung Mangera, a spokesman for East Java police, said in a televised address.

At least 14 people, including 6 suicide bombers were killed and dozens injured in three separate bombings at churches in Surabaya on Sunday, according to police.

Indonesia has the world’s largest Muslim population and has been battling Islamic extremists since independence. Barely a week ago, the Islamic State group claimed responsibility after five police officers and a prisoner were killed during a prison riot in the capital, Jakarta, local media reported.

Courtesy : Bloomberg
Photo :WordPress.com

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