Higher Open Anticipated For Indonesia Shares
From Nasdaq: 2025-05-04 20:30:00
The Indonesia stock market is on the rise, with the Jakarta Composite Index gaining 3.3 percent in five sessions. Optimism over economic data and easing tariff concerns globally is boosting Asian markets, including Indonesia. The JCI closed higher on Friday with financial and resource stocks leading the gains. Wall Street also saw a surge on Friday, with the Dow, NASDAQ, and S&P 500 all posting significant gains. Job growth in the U.S. exceeded expectations in April, contributing to the positive market sentiment. Meanwhile, Indonesia is set to release Q1 GDP figures, expected to show a slight slip on quarter but a rise on year.
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