The results of Indonesias presidential election will remain uncertain for at least ten days, as 130M votes still need to be hand-counted. Presidential candidates Widodo and Subianto have both claimed victory in preliminary tallies. Indonesian stocks soared as much as 2.8% in early trading after foreign investors bought $263M worth of stock - nearly four times the daily average of foreign buying. The rupiah also gained, hitting a two-month high against the dollar.
Posted on: Thu, 10 Jul 2014 12:01:24 +0000
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