Indonesia Shares May Take Further Damage On Wednesday

From Nasdaq: 2024-07-30 21:33:42

The Indonesia stock market ended a two-day winning streak, with the Jakarta Composite Index closing just above 7,240 points. Global markets are mixed to lower, with technology shares expected to face heavy losses. The index shed 47.03 points to finish at 7,241.86, with financial and resource stocks contributing to the decline. Wall Street saw a mixed performance, with the Dow rising but the NASDAQ plummeting. Tech stocks, including Nvidia, Microsoft, and AMD, were under pressure. Oil prices fell amid demand concerns and ahead of the Federal Reserve’s monetary policy announcement.



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