After a sharp decline, Indonesia announced that it will investigate stock market manipulation.

Indonesian authorities said on Saturday that they will crack down on market manipulators and accelerate financial reforms to restore confidence in Indonesian assets. Friderica Widyasari Dewi, acting chairman of the UK Financial Services Authority, said at a press conference on Saturday evening that investigations will be conducted into market manipulation. Indonesian Minister of Economic Affairs Airlangga Hartarto conveyed a message from the Indonesian president at the same press conference, stating that the government is committed to creating "a transparent, fair, and world-class investment environment." Jeffrey Hendrik, a director of the Indonesian Stock Exchange, said that the exchange has decided on a candidate for acting CEO. The exchange's company secretary later told reporters that an announcement will be made before trading resumes next week.