The Indonesia stock market declined on Wednesday, with the Jakarta Composite Index dropping 1.03 percent to finish at 7,563.26. Financial shares led the losses, while some cement and resource companies saw mixed performances. Global markets are expected to remain steady amid concerns about unrest in the Middle East. Wall Street saw minimal gains, with the Dow adding 0.09 percent, NASDAQ up 0.08 percent, and S&P 500 rising 0.01 percent. Escalating tensions in the Middle East, reflected in Iran’s missile attack on Israel, led to a surge in crude oil prices, impacting market sentiment. Oil futures closed higher at $70.10 a barrel.

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