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Asian Market Updates

Indonesia Bourse May Extend Monday's Losses

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 70 points or 1 percent. The Jakarta Composite Index now sits just beneath the 7,200-point plateau and it's looking at another soft start again on Tuesday.

The global forecast for the Asian markets is soft on fading hopes that the FOMC will trim interest rates at next month's meeting. The European and U.S. markets were down and the Asian markets figure to follow suit.

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