From Nasdaq: 2025-02-23 20:31:18

The Indonesia stock market rebounded on Friday after a two-day losing streak, with the Jakarta Composite Index closing above 6,800 points. However, global markets are weak due to concerns over inflation and interest rates. The JCI rose 0.22 percent, with mixed performances from financial, cement, and resource sectors. Wall Street closed sharply lower, with the Dow falling 1.69 percent. Consumer sentiment in the U.S. deteriorated significantly in February, driven by rising inflation expectations. Oil prices hit a two-month low, dropping 2.9 percent to $70.40 a barrel on Friday.



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