Indonesia Bourse May Extend Wednesday’s Losses
From Nasdaq: 2025-06-11 21:30:00
The Indonesia stock market snapped a three-day winning streak, with the Jakarta Composite Index closing just above 7,220 points. The global forecast for Asian markets is weak, with profit taking expected. The JCI ended slightly lower on Wednesday, with losses from cement and telecom companies. The index dipped 0.11 percent to finish at 7,222.46. Wall Street saw a late swoon after earlier gains, with the Dow, NASDAQ, and S&P 500 all closing in the red. Crude oil prices surged on Wednesday amid U.S.-China trade talks and tensions with Iran over a nuclear deal.
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