Indonesia’s IDX Composite, the country’s benchmark stock index, fell 41 points, or 0.7%, to 6,203 in early Monday trading, extending its decline to a third session. Sentiment weakened as U.S. stock futures dropped sharply after oil prices jumped, following President Trump’s rejection of Iran’s conditional offer to reopen the Strait of Hormuz. Reports said Trump expected U.S. strikes to resume after the November midterms. Domestically, the Indonesia Stock Exchange removed its long-standing Rp50 minimum share-price floor, allowing stocks on the regular and cash markets to trade from Rp1 starting Monday. Investors also remained concerned about high oil costs and their possible fiscal impact, while awaiting trade and inflation data. Technology, cyclical and infrastructure stocks led broad-based losses. China’s continued industrial-profit growth in the first eight months helped limit the decline, although the pace slowed. Gojek Tokopedia fell 14.0%, Indosat dropped 2.6% and Hartadinata Abadi declined 1.3%.