The Indonesia stock market has risen over 2.9% in three sessions, with the Jakarta Composite Index hovering above 7,850 points despite possible stagnation on Monday. Global markets are soft due to geopolitical concerns in the Middle East. On Friday, the JCI surged 1.37% to close at 7,854.06, driven by gains in financial, cement, and resource sectors. Wall Street closed mixed, with the Dow down 0.59%, NASDAQ up 0.44%, and S&P 500 down 0.05%. Traders are awaiting the Fed’s monetary policy announcement next Wednesday, with expectations of a rate cut. Crude oil prices rose on lingering supply disruptions.
Read more at Nasdaq: Lower Open Called For Indonesia Stock Market
