Indonesia stock market may rebound on Tuesday after recent losses

From Nasdaq: 2025-03-17 21:29:32

The Indonesia stock market has been on a downward trend, losing almost 200 points over three sessions. The Jakarta Composite Index is hovering just above 6,470 points, but may see a turnaround on Tuesday. Global markets are looking positive ahead of the FOMC meeting this week, with European and U.S. markets gaining. On Monday, the JCI closed lower due to mixed performances from financial and resource stocks. Wall Street saw gains as traders picked up stocks at lower levels and reacted positively to U.S. retail sales data. Oil futures rose on hopes of increased demand from China and supply disruptions in the Middle East.



Read more at Nasdaq: Indonesia Bourse May Snap Losing Streak On Tuesday