On the first trading day after the terrorist attacks in Paris (leaving 129 people dead and hundreds injured), stocks declined in Asia as investors are cautious. Although markets had one weekend to digest the news, it is still expected that the tragedy in Paris will cause a sharp yet short-term impact on global equity markets. Apart from terrorism, volatile oil prices as well as concern about China's economy and uncertainty about the timing of a US interest rate hike continue to plague markets.
Indonesia's benchmark Jakarta Composite Index was down 1.20 percent to 4,418.84 points by 09:15 am local Jakarta time on Monday morning (16/11). The Indonesian rupiah had depreciated 0.62 percent to IDR 13,770 per US dollar (Bloomberg Dollar Index) by the same time.
Meanwhile, at 09:15 am local Jakarta time on Monday (16/11), China's Shanghai Composite Index was down 0.87 percent, Japan's Nikkei 225 Index had fallen 0.94 percent, Singapore's Straits Times Index was down 0.77 percent, and Hong Kong's Hang Seng Index declined 1.43 percent.