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Indonesia Bourse May Crack Resistance At 6,900 Points

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

The Indonesia stock market has finished higher in two of three trading days since the end of the five-day losing streak in which it had stumbled almost 200 points or 3 percent. The Jakarta Composite Index now rests just shy of the 6,890-point plateau and it may tick higher again on Tuesday.

The global forecast for the Asian markets is mixed, with continued profit taking among technology stocks likely to cap any upside. The European markets were up and the U.S. bourses were mostly lower and the Asian markets figure to follow the latter lead.

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