The Indonesia stock market has been fluctuating in the past few days, with the Jakarta Composite Index closing just above 8,710 points. Global markets are expected to be flat to lower ahead of the FOMC meeting. On Monday, the JCI rose 0.90% with gains from telecom, resource, and energy companies. Bank CIMB Niaga was down 0.28%, while Bank Mandiri climbed 1.02%. Wall Street saw a weak opening, with the Dow dropping 0.45%, NASDAQ falling 0.14%, and S&P 500 decreasing by 0.35%. Traders are awaiting the Federal Reserve’s monetary policy decision on Wednesday.

Crude oil prices declined by 2.13% as the U.S. dollar strengthened before the Fed’s interest rate decision.

Read more at Nasdaq: Indonesia Bourse Likely To Remain Rangebound On Tuesday