DEWA.JK is trading 4.2% down at IDR 362 as the market continues to react to Indonesia's proposal for a centralized commodity export body.
- Investors remain concerned that the proposed state entity could squeeze profit margins for private coal exporters like Darma Henwa.
- The stock is extending a negative trend following an 11.82% plunge on May 19, with no fresh company-specific news to offset the ongoing policy shock.