Indonesia stock market declines 3.9% in three sessions, nears 6,970-point level; JCI may rebound on Monday.
Indonesia stock market fell 3.9% in three consecutive sessions, nearing the 6,970-point level. Global forecast for Asian markets is cautiously optimistic due to improved interest rate outlook. The Jakarta Composite Index (JCI) may reclaim the 7,000-point level with support expected on Monday. JCI finished modestly lower on Friday with losses from food companies and mixed performances from financial and resource stocks.
June 03, 2024
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