Indonesia's JCI stock market ends two-day winning streak, drops slightly amid global economic concerns and falling crude oil prices.
Indonesia's stock market, Jakarta Composite Index (JCI), ended its two-day winning streak on Friday, finishing slightly lower at 7,308.12 points amid global concerns of an economic slowdown in the US. The JCI is expected to see further losses on Monday. The US markets also closed negatively on Friday, with major indices shedding over 1.5%. Crude oil prices fell sharply to a two-month low.
August 05, 2024
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