The Indonesia stock market closed lower on Friday, with the Jakarta Composite Index dropping 1.53 percent. Bank Central Asia saw a 3.00 percent decline, while Energi Mega Persada cratered 4.31 percent. The global forecast for Asian markets is soft, with oil and technology shares expected to lead the way lower. Wall Street also closed in the red, with the Dow, NASDAQ, and S&P 500 all posting losses. Crude oil prices fell on overproduction concerns as OPEC plans to increase crude production in September. Indonesia will release July trade balance data and August consumer prices today.

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