The Indonesia stock market ended lower on Friday, with the Jakarta Composite Index falling 0.25 percent to close at 8,163.88. Bank Danamon Indonesia saw a significant gain of 4.47 percent, while United Tractors dropped 3.84 percent. The global market outlook is cautiously optimistic, with the Asian markets expected to bounce back on Monday. On Wall Street, major indexes closed higher, boosted by strong earnings from Amazon. Uncertainty about interest rates remains a concern, with the Fed’s recent decision to cut rates. Crude oil prices rose on reports of potential military strikes in Venezuela. Indonesia will release trade and inflation data today.
Read more at Nasdaq: Indonesia Bourse Tipped To Erase Friday’s Losses
