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Indonesian markets cheer after Prabowo claims victory By Reuters

Indonesian markets cheer after Prabowo claims victory
© Reuters. Supporters of Indonesia’s Defence Minister and leading Presidential candidate Prabowo Subianto, and his running mate Gibran Rakabuming Raka, the eldest son of?Indonesian President Joko Widodo and current Surakarta’s Mayor, cheer during an event to watch t

SINGAPORE (Reuters) – Indonesian markets got off to a strong start on Thursday after Defence Minister Prabowo Subianto declared victory in the country’s presidential election.

Former special forces commander Prabowo clinched about 58% of votes, according to unofficial “quick counts” by four independent pollsters, more than double that of his nearest opponent, former Jakarta governor Anies Baswedan.

The country’s stock market rose 1.8% in market pre-opening, while the rupiah strengthened 0.13% to 15,570 per dollar.

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