Positive

From Nasdaq: 2025-04-23 21:30:00

Summary:
The Indonesia stock market has been on a four-day winning streak, gaining almost 240 points. The Jakarta Composite Index is expected to open higher on Thursday, following positive global market trends. On Wednesday, the index rose 1.47 percent, led by financial and food companies. However, resource stocks saw profit-taking. In the US, major averages surged after President Trump softened his stance on Federal Reserve Chair Powell. Crude oil prices fell due to reports of OPEC accelerating oil output hikes in June. Market sentiment remains cautious amid concerns over recent volatility and trade tensions.



Read more at Nasdaq: Continued Support Anticipated For Indonesia Stock Market