Indonesia Stock Market Poised To Halt Its Slide
From Nasdaq: 2025-06-03 21:30:00
The Indonesia stock market has fallen over 150 points in the past three sessions, with the Jakarta Composite Index now just above 7,040 points. However, optimism over tariffs and the economy may help stop the bleeding on Wednesday. On Tuesday, the index closed lower due to losses in telecoms, financial shares, and cement companies, while resource stocks were mixed. The global forecast is positive, with European and U.S. markets up. In the U.S., major averages climbed higher on Tuesday, with an unexpected increase in job openings reported by the Labor Department. Oil prices jumped amid concerns about supply due to geopolitical tensions and U.S.-Iran nuclear talks.
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