Indonesia stock market fell but expected to bounce back following global market optimism.
From NASDAQ: 2025-06-02 21:33:00
The Indonesia stock market has fallen over 130 points in two days, resting just above 7,065 points. Global markets are cautiously optimistic, with Asian markets expected to follow U.S. gains. The Jakarta Composite Index dropped 1.54% on Monday, led by losses in food, finance, and telecom, while resource stocks provided some support. Bank shares were among the biggest losers. On Wall Street, major averages closed slightly higher after a late rally. Trade tensions between the U.S. and China continue to escalate, but optimism about interest rates grew after weak U.S. manufacturing data. Crude oil prices surged on geopolitical tensions and reports of more U.S. sanctions on Moscow.
Read more at NASDAQ: Indonesia Bourse May See Positive Bounce On Tuesday