Gary Tan

Person

Last mentioned: Mar 25, 2026

Timeline

  1. Market Reopening

    Jakarta markets reopen to face record-low rupiah and bear market equity valuations.

  2. ETF Slide

    U.S.-listed Indonesia ETF drops 2% as Iran war tensions escalate.

  3. Rating Outlook Cut

    Global agencies downgrade Indonesia's credit outlook amid fiscal concerns.

  4. Holiday Closure

    Indonesian markets close for the week-long Lebaran holiday.

  5. Market Peak

    Jakarta Composite Index reaches its annual high before entering a steady decline.

Stories mentioning Gary Tan 1

markets Bearish

Indonesia Markets Face Volatility as Iran Tensions and Fiscal Risks Converge

Indonesian markets reopen following a week-long holiday to face a confluence of geopolitical instability and domestic economic pressures. With the Jakarta Composite Index in bear market territory and the rupiah at record lows, investors are navigating shifting headlines regarding the Iran conflict and potential credit downgrades.

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