Indonesia stock market continues to rise, driven by positive global forecasts and gains in Europe

From Nasdaq: 2025-05-15 21:30:00

The Indonesia stock market has been on the rise, with the Jakarta Composite Index gaining over 210 points in three sessions. Positive global forecasts and gains in European and U.S. markets are expected to drive further growth. On Thursday, the JCI closed higher, led by financial and food companies, despite mixed performance from resource stocks. Bank Mandiri saw a 5.45% increase while Bank Danamon Indonesia fell 0.41%. In the U.S., the Dow rose 0.65% while the NASDAQ dipped 0.18%. Economic data showed a decrease in producer prices and stable retail sales in April. Crude oil prices dropped on reports of a potential U.S.-Iran nuclear deal.



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