Indonesia Bourse May Remain Rangebound On Monday

From Nasdaq: 2025-02-16 20:31:15

The Indonesia stock market has shown some recovery after a five-day losing streak, with the Jakarta Composite Index hovering below 6,640 points. Global markets are expected to trend lower, with energy stocks leading the decline. The JCI saw modest gains on Friday, driven by resource stocks, while telecoms and financial shares struggled. Key active stocks included Bank Mandiri, Bank Negara Indonesia, and Semen Indonesia. Wall Street closed mixed on Friday, with the NASDAQ up 2.6% for the week. Oil prices dipped amid easing supply concerns. Indonesia will release January trade data today, with imports, exports, and trade balance figures expected to show growth.



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