Purnama won the first round of voting for governor in February in a three-way race. Indonesian social media users likened the election outcome to the shock results of the U.S. presidential vote and the Brexit vote of last year. 2019 PRESIDENTIAL ELECTIONThe Jakarta election will be seen as a barometer for the 2019 presidential election, given the city's outsized importance as both the nation's capital and commercial centre. Baswedan is supported by a retired general, Prabowo Subianto, who narrowly lost to Widodo in a 2014 presidential vote and is expected to challenge him again. Investors in Indonesian markets are likely to return to fundamentals such as corporate earnings, now that the political uncertainties surrounding the divisive Jakarta election have diminished, analysts said.

Source: Bangkok Post April 19, 2017 18:55 UTC