Indonesia stock market expected to open higher on Thursday fueled by technology sector gains.

From Nasdaq.: 2025-01-22 20:30:23

The Indonesia stock market has been on a six-day winning streak, with the Jakarta Composite Index gaining over 280 points. Positive global forecasts suggest the market will open higher on Thursday, fueled by technology shares. The JCI closed up 1.05% on Wednesday, led by gains in the food and telecom sectors. Wall Street also saw gains, with the Dow up 0.30%, NASDAQ up 1.28%, and S&P 500 up 0.61%. The tech-heavy NASDAQ was boosted by Netflix’s strong earnings and President Trump’s AI infrastructure investment plan. Oil prices fell for the fifth straight session due to concerns about excess supply.



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