📊 How has Indonesia's stock market performed compared to the global market recently?


Aime
Indonesia's stock market has shown mixed performance compared to the global market recently.
- Recent Performance: The Jakarta Composite Index (JCI) has experienced fluctuations, with a slight decline of 0.3% over two sessions, slipping almost 20 points to 7,064.591. In contrast, the U.S. markets were closed on January 9, 2025, while the European markets were roughly flat with an upside bias1.
- Global Market Trends: The global forecast for Asian markets is murky, with European markets showing an upside bias and U.S. markets closed for the Martin Luther King Jr. Day holiday. The JCI's performance was influenced by losses from resource and cement stocks and a mixed performance from the financial sector1.
- Comparison with Other Markets: The JCI's finish on January 9, 2025, was lower than its previous day's closing, indicating a decline in performance compared to the previous session. In contrast, the U.S. Dow gained 498.06 points or 1.18%, and the NASDAQ jumped 199.80 points or 1.03%, highlighting the positive performance of U.S. markets on January 9, 20252.
- Market Sentiment: The mixed performance of Indonesia's stock market reflects broader global market sentiment, with concerns about interest rates and geopolitical factors influencing investor behavior. The lack of clarity on the outlook for interest rates in the U.S. and Indonesia has contributed to the cautious stance of investors34.
In conclusion, Indonesia's stock market has shown a decline compared to the previous session, while the global market trends have been mixed. The performance of the Indonesian stock market is influenced by domestic factors such as resource and cement stocks, as well as broader global economic conditions.
Source:
more
less
Continue this conversation 

Explore
Screener
Analysis
Learn
News
Wiki