The Indonesia stock market has been on a six-day losing streak, dropping over 480 points. The Jakarta Composite Index closed just above 6,975 points and is in need of support. Concerns over interest rates are impacting global markets, with European markets down and U.S. markets mixed. On Thursday, the JCI fell 1.84%, with financials and food/resource stocks taking a hit. Major stocks like Bank CIMB Niaga and Bank Mandiri saw declines. Wall Street opened higher but closed mixed, as traders sought bargains after recent losses. Crude oil prices fell due to a stronger dollar post-Fed announcement.
Read more at Nasdaq: Indonesia Bourse Poised To End Losing Streak
