DEWA.JK is trading 5.3% down at IDR 358 as Indonesia's proposed centralized export body sparks fears of margin pressure for coal exporters.
- Investors are concerned the new regulatory framework could negatively impact profitability for Darma Henwa and other private coal-related firms.
- The decline extends a sharp multi-day slide from IDR 484, suggesting sentiment remains fragile as the market reassesses regulatory risks.