The Indonesia stock market saw a slight dip on Monday, ending a three-day winning streak. The Jakarta Composite Index closed just above 7,250 points. Global markets are uncertain due to interest rate concerns, with European markets down and U.S. markets mixed. The JCI was dragged down by financial shares but supported by cement companies. Bank Mandiri fell 3.11%, while Semen Indonesia surged 6.33%. Wall Street was mixed, with the Dow down 0.08%, NASDAQ up 0.28%, and S&P up 0.10%. Traders are watching economic reports and Federal Reserve Chair Powell’s testimony. Oil prices fell to $82.33 a barrel after Hurricane Beryl shutdown oil export facilities.
Read more at Nasdaq: Higher Open Predicted For Indonesia Stock Market
