SGX listcos with Indonesia exposure stay resilient amid market meltdown
But analysts raise caution over equities with emerging market exposure
[SINGAPORE] While a market meltdown in Indonesia has rattled investor confidence, Singapore-listed companies with sizable exposure to the country have been shielded from the impact.
Singapore Exchange (SGX) market strategist Geoff Howie noted that major agri-commodity plantation companies such as Wilmar International and Golden Agri-Resources have remained resilient, with no significant institutional outflows from the sector since the start of 2025.
The SGX-listed agri-players, he said, have delivered a “relatively defensive” performance so far this year, compared to last year.
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