The Indonesia stock market has finished lower in six straight sessions, plummeting more than 480 points or 5.6 percent in that span. The Jakarta Composite Index now rests just above the 6,975-point plateau although it's overdue for support on Friday.
The global forecast for the Asian markets remains murky on concerns over the outlook for interest rates. The European markets were down and the U.S. bourses were mixed and flat, and the Asian markets are expected to follow the latter lead.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.