From Nasdaq: 2025-05-22 21:32:00

The Indonesia stock market has gained over 70 points in two straight sessions, with the Jakarta Composite Index now above 7,165 points. However, the rally may slow down due to negative global forecasts on U.S. deficit concerns and treasury yields. The JCI closed higher on Thursday with gains from financial shares and mixed performance from resource stocks. Wall Street had a weak session, with major averages ending mixed and little changed. Treasury yields reached three-month highs but turned lower, impacting market sentiment. Crude oil prices fell on reports of potential OPEC oil production surge in July.



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