The Indonesia stock market has been fluctuating after a six-day winning streak, with the Jakarta Composite Index just below 8,950 points. Global markets are soft due to geopolitical concerns, leading to profit taking in Asian markets. The JCI saw a modest increase on Tuesday, driven by financial and resource stocks. Bank stocks like Bank Mandiri and Bank Negara Indonesia rose, while companies like Indocement and United Tractors also saw gains. In the U.S., major averages ended lower, reflecting uncertainty around geopolitical tensions and President Trump’s proposals. Crude oil prices surged due to escalating U.S.-Iran tensions.

Read more at Nasdaq: Indonesia Shares Likely To Remain Rangebound On Wednesday