The Indonesia stock market extended its winning streak to 10 sessions, gaining over 6 percent. The Jakarta Composite Index closed just above 7,310 points, likely due for consolidation. Global markets are directionless, with oil and biotech stocks expected to face pressure. On Friday, the JCI ended slightly higher, led by energy and telecoms. Bank Mandiri rose while Bank Central Asia fell. Wall Street closed mixed, with the Dow down and NASDAQ up. For the week, NASDAQ rose 1.5 percent, S&P 500 gained 0.6 percent, and Dow dipped 0.1 percent. Profit-taking led to weakness, with Netflix’s lower operating margin outlook causing concern. Crude oil prices fell after OPEC’s demand forecast indicated a production surplus.

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