✉news BusinessMarkets first seen 1 d ago, last 20 h ago, peak #8
Indonesia's Danantara may intervene in market selloffs
Original: Indonesia's Danantara says it could step in during market selloffs if valuations attractive
Indonesia's sovereign wealth fund Danantara said it could step in to buy assets during market selloffs when valuations become attractive. The statement signals the fund's readiness to act as a stabilizing buyer during periods of market stress, and comes as investors watch Southeast Asian markets closely amid global volatility and questions about government-backed support for Indonesian equities.
Why now: Investors are watching for signs of state support for Indonesian markets amid current volatility
Evidence
- Indonesia's Danantara says it could step in during market selloffs if valuations attractive · Reuters
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