Prabowo Pulls Out from The Race: Implications?

Prabowo Subianto, president candidate from Gerindra Party, Golkar, and some Islamic parties, has unilaterally pulled out from the presidential race and would reject results of the July 9 election. Market participants responded negatively Prabowo’s manouver. Composite index of IDX lost 2%. What are actually implications of Prabowo’s statements?

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