Indonesia stock market in a downward trend due to tariff concerns and weakening global markets.

The Indonesia stock market has been on a downward trend, with the Jakarta Composite Index closing just above 6,865 points. Global markets are also soft due to ongoing tariff concerns, with European markets down and U.S. markets closed for the July 4 holiday. The JCI finished slightly lower on Friday, with weakness in cement stocks and mixed performances from financial and resource companies. Concerns about U.S. tariffs and a looming deadline for trade deals are impacting markets. Crude oil prices also slumped on Friday due to easing geopolitical concerns in the Middle East.

Read more at Nasdaq MarketSite: Indonesia Shares May Open In The Red On Monday