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Asian Market Updates

Indonesia Bourse May Extend Wednesday's Gains

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

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had eased almost 50 points or 0.7 percent. The Jakarta Composite Index now sits just beneath the 7,180-point plateau and it's tipped to open in the green again on Thursday.

The global forecast for the Asian markets is upbeat on rising optimism over the outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.

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