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Ascension Day is a public holiday observed in Indonesia and several other countries, commemorating the Christian belief in the bodily ascension of Jesus into heaven. In Indonesia, this day results in the closure of government offices, banks, and the Indonesia Stock Exchange (IDX). It is a non-trading day, meaning no official economic indicators are released and market liquidity in the region is significantly reduced.
As a public holiday, there is no statistical calculation involved. The date is determined by the Western Christian calendar, occurring 40 days after Easter Sunday.
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