Market participants might start to speculate on the likely outcome of July 9 presidential election as most political parties have made their near final decisions. Joko ‘Jokowi’ Widodo will enter the race with support from four political parties (PDIP, PKB, NasDem, and Hanura), while Prabowo Subianto enters the election with endorsements from four other political parties (Gerindra, PAN, PKS, and PPP).

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