The Indonesia stock market headed south again on Wednesday, one day after ending the four-day losing streak in which it had dropped almost 190 points or 2.5 percent. The Jakarta Composite Index now rests just above the 7,180-point plateau and it's likely to see limited movement again on Thursday.
The global forecast for the Asian markets is murky, with mild downside likely from the oil and technology stocks. The European markets were slightly lower and the U.S. bourses were mixed and flat and the Asian markets also figure to see little movement.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.